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[–] 41 points 2 days ago (12 children)

Wow your not kidding. Almost 25% wipe in 1 month.

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  • [–] 11 points 2 days ago

    To be fair, most of that was before this revelation. It is at least clear that the so-called "neocloud" part of the bubble was in trouble, which dragged Nvidia since a lot of their money is tied up in those neoclouda. Then after elections included a lot of anti datacenter measures, that doesn't bode well either. This scandal is just another thing for the pile of bad news.

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  • [–] 2 points 2 days ago (10 children)

    The timing is a bit convenient. All tech stocks were already dropping. Almost too much of a coincidence that this story broke now.

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  • [–] 2 points 2 days ago* (9 children)

    Allowed me to buy at 167. :)

    This blows over even faster than Elon Musks nazi salute.

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  • [–] 1 point 1 day ago (6 children)

    I'm not sure that the drop is done but I think my buy order at 150 was too optimistic.

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  • [–] 3 points 1 day ago* (5 children)

    I just woke up and saw that the board is going to remove the ceo and the stock has dropped 8% in aftermarket to 160.

    I think 150 may be within reach... What a mess. I did not think that would happen.

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  • [–] 1 point 1 day ago (4 children)

    I think the board is going to meet to discuss whether to remove. I don't think he has been removed yet. I would still be surprised if they removed him because he is fairly integral to the company.

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  • [–] 2 points 1 day ago* (3 children)

    https://www.semafor.com/article/11/11/2026/nvidia-board-preparing-to-oust-ceo-huang-wsj

    I'm starting to think they will. Damn. On the other hand, Apples hardware chief may not be a bad choice.

    Its also funny that all this happens because of Huang being horny. A pretty woman is the most dangerous thing in the world for a powerful man.

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