I don’t get it, wall street and business in general are all happy about Orange, cheater and rapist, yet when Huang has affairs, they go bloody red.
Not to mention delusional lying impregnator Elon.
🤷
Yeah, but… and hear me out, those affairs were not of pedophilic nature. If you want to play with the big boys you got to… no, not going to finish that sentence, need to go clean myself in the shower from all this crap.
Well it matters for more than one reason. He cheated on his wife with a literal spy, that is going to hurt Nvidia especially now that Democrats are going to take power and they may actually hold people accountable for breaking export restrictions.
Then there’s the fact that his a wife may divorce him and there is no prenup. Most of his wealth is Nvidia stock and she will take half of that. Overnight she’s gonna become a major stakeholder in the company. How she will act with that power nobody knows and investors don’t like unknowns.
Orange was voted in, they can’t oust him. Plus being president of the United States tends to come with a lot of power. Jensen only has a 3.6% stake in the company and no supermajority requirements like Tesla has. This second relationship is with a vice president who reports directly to him. Many have been ousted in the past for having relationships with employees in violation with company policy, e.g. Intel’s Krzanich and Nestlé’s Freixe.
I think the most likely scenario is that the affair with the Chinese spy is much worse than has been revealed in the press so far, so NVIDIA is trying to get ahead of that story by revealing this and ousting Jensen for it, even though it’s fairly uncommon to fire a CEO over an affair.
When the leadership does something bad its one thing, when the arms dealer does something bad its a WHOLE OTHER can of worms. This has been true since ye olden times. This is just the modern equivalent. Jensen and his leather jacket is literally the biggest arms dealer in the digital space functionally speaking.
And when leadership was more lax and forgiving investors are going to not react as hard, but with a shift in leadership at a pivotal point where its highly unclear if that shift is going to matter or not. It means you as an investor need to hedge HARD and be really cautious.
All it would take is a reclassification, restriction or some other change that limits or pulls in nividia and the rest of the compute space to bankrupt a LOT of the investors right now because of how large things have gotten.
If the new leadership decides that Nvidia and their products and secrets are now also matters of not only national concern but national defense? Which considering how things are being treated in some respects is not a unreasonable consideration. The entire global market could shift fast and hard, leaving a lot of investors holding a bag.
Politicians just need to see the whole AI and digital war front as a thing that needs to addressed with more seriousness and decide that nvidia/amd is no longer allowed to deal with china at all and it would likely pop the bubble HARD.
And nobody mentions the possibility that this guy and his wife may have an open or poly marriage, an agreement not as uncommon as most people think. Due to stigma most poly people don’t tell everyone or anyone about their love life - because it is their love life, not that of a billion spectators or whoever.
About the spying I can’t say anything. About their marriage I can say: Let the two decide what they make of it.
Given that Huang said he was unfaithful to his wife and made a public apology to her, I don’t think they had an open or poly agreement. As another poster mentioned there might not be a prenup either so a divorce (which is likely) will force Huang to hand over half of his shares making his wife a major shareholder overnight. That creates a lot of tension for people invested in Nvidia.
Partly because it affects what is functionally one of the largest arms dealers in the digital space. Partly because it affects the giant global bubble that could crash half the planet and driectly impact the vast majority of every human living on it economically in extreme ways.
While I can agree with you that he and his wife can be in a open marriage, if that fits them good for them honestly, the problem is that he slept with an alleged Chinese spy (probably used to be able to blackmail him and/or circumvent export restrictions) and a manager from NVIDIA (with the company rules that explicitally forbid them).
I see this as a “who” problem more than a “what” problem.
I don’t get it, wall street and business in general are all happy about Orange, cheater and rapist, yet when Huang has affairs, they go bloody red. Not to mention delusional lying impregnator Elon. 🤷
It’s just an excuse to pint at while the bubble pops.
Yeah, but… and hear me out, those affairs were not of pedophilic nature. If you want to play with the big boys you got to… no, not going to finish that sentence, need to go clean myself in the shower from all this crap.
Play with the little ones first?
Terrible. Seemingly true, but terrible.
Neither huang nor the other lady are white. Trump and elon are.
Well it matters for more than one reason. He cheated on his wife with a literal spy, that is going to hurt Nvidia especially now that Democrats are going to take power and they may actually hold people accountable for breaking export restrictions.
Then there’s the fact that his a wife may divorce him and there is no prenup. Most of his wealth is Nvidia stock and she will take half of that. Overnight she’s gonna become a major stakeholder in the company. How she will act with that power nobody knows and investors don’t like unknowns.
Export restriction violations is my guess.
They want to say “he’s gone, we fixed it” and avoid any consequences while pocketing a fuck ton of illicit money.
Jensen doesnt even own a majority stake of the company… his wife doesnt suddenly become a major shareholder even if she took ALL his shares
He has 3-4% of the shares as the largest individual shareholder.
Wonder if it’ll hurt them anywhere close to the 7B worth of GPUs she helped them sell to China
Orange was voted in, they can’t oust him. Plus being president of the United States tends to come with a lot of power. Jensen only has a 3.6% stake in the company and no supermajority requirements like Tesla has. This second relationship is with a vice president who reports directly to him. Many have been ousted in the past for having relationships with employees in violation with company policy, e.g. Intel’s Krzanich and Nestlé’s Freixe.
I think the most likely scenario is that the affair with the Chinese spy is much worse than has been revealed in the press so far, so NVIDIA is trying to get ahead of that story by revealing this and ousting Jensen for it, even though it’s fairly uncommon to fire a CEO over an affair.
When the leadership does something bad its one thing, when the arms dealer does something bad its a WHOLE OTHER can of worms. This has been true since ye olden times. This is just the modern equivalent. Jensen and his leather jacket is literally the biggest arms dealer in the digital space functionally speaking.
And when leadership was more lax and forgiving investors are going to not react as hard, but with a shift in leadership at a pivotal point where its highly unclear if that shift is going to matter or not. It means you as an investor need to hedge HARD and be really cautious.
All it would take is a reclassification, restriction or some other change that limits or pulls in nividia and the rest of the compute space to bankrupt a LOT of the investors right now because of how large things have gotten.
If the new leadership decides that Nvidia and their products and secrets are now also matters of not only national concern but national defense? Which considering how things are being treated in some respects is not a unreasonable consideration. The entire global market could shift fast and hard, leaving a lot of investors holding a bag.
Politicians just need to see the whole AI and digital war front as a thing that needs to addressed with more seriousness and decide that nvidia/amd is no longer allowed to deal with china at all and it would likely pop the bubble HARD.
And nobody mentions the possibility that this guy and his wife may have an open or poly marriage, an agreement not as uncommon as most people think. Due to stigma most poly people don’t tell everyone or anyone about their love life - because it is their love life, not that of a billion spectators or whoever.
About the spying I can’t say anything. About their marriage I can say: Let the two decide what they make of it.
Given that Huang said he was unfaithful to his wife and made a public apology to her, I don’t think they had an open or poly agreement. As another poster mentioned there might not be a prenup either so a divorce (which is likely) will force Huang to hand over half of his shares making his wife a major shareholder overnight. That creates a lot of tension for people invested in Nvidia.
Plus half his leather jackets. That’s probably worth another 2% of Nvidia stock
Why are people speculating on another man’s intimate relations?
Not my business, don’t care. Consenting adults and all that.
Partly because it affects what is functionally one of the largest arms dealers in the digital space. Partly because it affects the giant global bubble that could crash half the planet and driectly impact the vast majority of every human living on it economically in extreme ways.
Part because people just like gossip.
While I can agree with you that he and his wife can be in a open marriage, if that fits them good for them honestly, the problem is that he slept with an alleged Chinese spy (probably used to be able to blackmail him and/or circumvent export restrictions) and a manager from NVIDIA (with the company rules that explicitally forbid them).
I see this as a “who” problem more than a “what” problem.
I suppose it’s a question of image: if you’ve hit rock bottom anyway, nothing matters these days. But if you’ve got a good reputation…