alt Hacker NewsMeh, not really. NVidia stock is presumably rebounding as we speak -- unless they pick someone political or unhinged to take over, this will just be a blip.
And I doubt it'll cost him much. What could you pay the founder of the second most valuable company on the planet who already holds $150B in equity? It'd be as absurd as paying Donald Trump.
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> NVidia stock is presumably rebounding as we speak
Not in premarket so far, 12% down sing yesterday.
Also why would it do better? Overall Huang seems to be a highly competent CEO. Replacing him with someone seems risky (especially if the board is influenced by Trump & co.). Especially given that Nvidia never had any other CEO.
> NVidia stock is presumably rebounding as we speak
I am not sure if you and I are looking at the same chart. Down 12% Pre Market.
-12% in premarket. Definitely not rebounding. It has lost 35% in the last month at the moment. That’s not trivial.
So if he held 150B stock say before, now he has 100B.
The rest of the market isn’t looking very solid either.