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Nvidia is preparing to oust CEO Jensen Huang, WSJ reports (www.reuters.com)
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Nov 11 (Reuters) - Nvidia's (NVDA.O), opens new tab board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with ​a suspected Chinese spy, the Wall Street Journal reported ‌on Wednesday, citing people familiar with the matter.

The board is preparing to meet as soon as Wednesday to determine his future, the report added.

Earlier ​in the day, the New York Times reported that Huang ​had an extramarital affair with a company executive who ⁠reported to him.

The relationship was with Kimberly Powell, Nvidia's vice ​president of healthcare, the New York Times said, citing five people ​who worked at the company.

Nvidia did not immediately respond to a request for comment. Reuters could not immediately verify the reports.

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[–] 66 points 1 day ago

Including Wednesday's after-hours selloff, Nvidia has lost about $600 billion in stock market value this week since the board announced its investigation.

Those are rookie numbers, gotta get those numbers up. We can do a trillion, I can feel it

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    [–] 32 points 1 day ago

    If anyone else is confused about who “Jensen Huang” is, apparently that’s the real name of the guy I always see called Stupid Jacket.

    Good riddance, Stupid Jacket. Hope your golden parachute fails to deploy.

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    [–] 29 points 1 day ago (2 children)

    What the fuck are these ‘consequences’?

    …I don’t understand what’s happening…

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    • [–] 17 points 1 day ago (4 children)

    I really doubt they're going to can the guy who oversaw their money printer. It's all theater, even if they do get rid of him. He will remain on the board and be the most important voice in the room for a long time coming.

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  • [–] 6 points 22 hours ago (1 child)

    Do they even need him anymore? With all the data center contracts Nvidia is too big to fail now. And if/when the bubble bursts, even Huang won't save it.

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  • [–] 1 point 15 hours ago

    It's not that they need him to be the best, but these people aren't like us. Every current position is one that needs to multiply in value. They wouldn't blink if doubling their investment meant being worth more than every company in the world put together, it's not logic, it's parasite mindset. For them they think he can wave his hands and keep multiplying it like he did before. Don't forget, the worst thing that can happen to these people is to have to get a job and work for their money.

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  • [–] 4 points 19 hours ago

    Yeah, the Jacket took nvidia from a small business selling to gamers to #1 company in the world worth 5 trillion dollars (jf I'm not mistaken, also the first in the world to cross the trillion dollar line in marketcap), surpassing microslop and apple, trashing all their competition, and making the entire market eat from their hands. If they do it, I'd be surprised. And even if they do it, he'd likely just take a seat at the board like you said. There's no way they're removing him completely.

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    • [–] 14 points 21 hours ago (2 children)

    replace him with AI

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    • [–] 5 points 1 day ago (1 child)

    Where did he go Huang?!

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    • [–] 2 points 1 day ago

    🦀 🦀 🦀

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