NVIDIA Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.

Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer.

Well, that was fast.

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[–] 17 points 9 hours ago (9 children)

I'm slightly dreading to find out who'll be the replacement. Huang was at least around when Nvidia was still a consumer-focused company. Wouldn't be surprised if the new CEO is even more all-in on datacenters and may decide to exit the consumer GPU business altogether.

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  • [–] 19 points 8 hours ago (8 children)

    Kind of don't care because NVIDIA cards have been a pain for Linux compared to AMD, and I've stopped trying to chase the best graphics with price hikes of cards. Now I just want cards that has the most headache free Linux experimence out the box even if it isn't NVIDIA XX80 or XX90 power, which I wasn't going to buy to begin with.

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  • [–] 12 points 8 hours ago (3 children)

    I'm on an AMD GPU too, but Nvidia dropping out of the market would make prices even worse for everyone.

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  • [–] 6 points 8 hours ago* (last edited 8 hours ago) (2 children)

    Price already sucks for everyone. I don't plan to get a new card for several years or build a new PC. And I'm actually on a NVIDIA card.

    If AMD and Intel stick around with them having better Linux support I'm more curious about what that'll mean for PC ports, since NVIDIA has been what's been more prioritized with their PC market share.

    Remembering the past with stuff like PhysX and hairworks that would suck on non NVIDIA cards, and games getting dlss while FSR often neglected. When they tried to push gsync for a while before luckily freesync became more widespread.

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  • [–] 1 point 4 hours ago (1 child)

    Prices would get even worse, that's the point.

    You also shouldn't assume that if Nvidia exits the consumer market that AMD/Intel would even try to fill the gap. The corporate world is very much trend following, and if Nvidia left entirely AMD/Intel are more likely to decide to follow Nvidia's lead and also exit.

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  • [–] 4 points 8 hours ago* (1 child)

    AMD has recently announced that they are primarily an AI company as well though.

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  • [–] 1 point 8 hours ago

    Yeah and them saying that hasn't much changed my view of not buying GPU or ram for several years with prices being outrageous anyways. Either there will be GPUs people won't be able to buy unless they overpay or there won't be any to buy at all.

    Will be a question of which will last longer when it comes to support. AMD and Intel when it comes to Linux has been a more pleasant experience for me than NVIDIA cards over the long run with them not being open source drivers, and being a buggier experience as distro over time drop support for legacy NVIDIA cards and having to rely on community driver workarounds for newer versions once LTS support stops for older versions.

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

    If you think this stops with Nvidia you are missing the forest for the trees.....AI companies want to put a militarized moat around their techno fiefdoms. In the words of Altman “if only all these people didn’t have DRAM at home”

    "did you see the latest model break containment OMGOMG!!!!" I guess the government should step in and serve as gatekeeper for who can have this "dangerous national security threatening" tech......I mean we just can't risk some open weight chinese model or some incel with a local LLM hacking into the pentagon with a rogue AI, guess Antrhopic, Microsoft, X, and Google need to be allowed to form a cartel to control this dangerous tech and we should put strict restrictions on who can buy certain AI components....for national security of course.

    That all swallows AMD too. Who is partnered with Anthropic.

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  • [–] 1 point 16 minutes ago

    No I already viewed consumer hardware market as screwed when crucial withdrew from selling storage.

    You were still optimistic. I thought it was already the end. I've considered the PC i have now the last I'll have for years before any of this.

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  • [–] 11 points 7 hours ago

    Omg so happy for her! So brave! /j

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  • 75 comments in c/technology@lemmy.world view that post
    [–] 103 points 9 hours ago (2 children)

    Wow, they're transitioning CEOs now! When will this wokeness stop

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  • [–] 44 points 6 hours ago (3 children)

    I think the best thing about this is we don't have to suffer through any more of his performative leather jacket wearing keynotes.

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  • [–] 14 points 6 hours ago (2 children)

    I've been wanting a leather jacket and this guy has been giving them a bad look. Hopefully in a couple years they will be cool again.

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  • [–] 42 points 9 hours ago (5 children)

    Must’ve had a third affair he REALLY didn’t want getting out.

    Good riddance and fuck Nvidia.

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  • [–] 5 points 2 hours ago

    It's not really about the affairs because if share holders cared about that nobody would've ever talked about Elon Musk. I think it's the smuggling of probably billions worth of hardware. Huang knows this could end really damn badly for him long term after the blue tsunami that swept the midterms. He's coming out now because he gambles on a pardon from the orange turd.

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  • [–] 134 points 9 hours ago (45 children)

    Imagine being one of the wealthiest people in the world, with a great job and a loving family, and then throwing it all away because a Chinese spy complimented your leather jacket collection

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  • [–] 96 points 9 hours ago (13 children)

    You could tell from stuff he's said publicly in front of the camera that it went to his head a long time ago.

    People like him will always be their own worst enemy.

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  • [–] 14 points 9 hours ago (9 children)

    Cheating is not really exclusive to the rich. People of all classes and backgrounds cheat.

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  • [–] 23 points 8 hours ago (7 children)

    Sure, but the small handful of people who are CEOs of multibillion tech companies are all arrogant, pathologically narcissistic psychopaths.

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  • [–] 2 points 1 hour ago

    That's a requirement to achieve that level of corporate control. And that's what shareholders require.

    The only CEOs that seem to avoid that are founders that accidentally created systems/products that people like, and that keep the company private so they aren't beholden to shareholders. There aren't many, but a good current example would probably be GabeN. Yeah he's got the whole billionaire yacht stuff down, but the employees seem to like working there, they have an extremely loyal userbase, and one of the most efficiently profitable companies on the planet, generating about $50M per worker.

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  • [–] 0 points 4 hours ago (5 children)

    Which, coincidentally, describes my ex wife.

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  • [–] 4 points 4 hours ago (3 children)

    Is she single? I could use the billions

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  • [–] 1 point 4 hours ago (2 children)

    I meant the arrogant-pathological-narcissitic psychopath.

    She did pull a knife on me a couple of times after all.

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  • [–] 27 points 7 hours ago (4 children)

    Throwing it all away?

    Even after losing his job and the divorce settlement he'll be one of the wealthiest people on the planet and to ever live.

    It's not like this is China where they will actually jail or execute CEO's.

    Capital still runs the show.

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  • [–] -1 points 6 hours ago (3 children)

    There is an FBI investigation

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  • [–] 10 points 6 hours ago*

    I'm sure Kash Patel, the Trump DOJ, and an organization that has heavily functioned to preserve existing political and economic hierarchies will go thru the motions and corporate Dems will hold their hearings and make a pageantry of some things. And the result will be at best, a big wet fart, and at most, it will just be directed in a way that will end up advancing broader capitalist/imperialist interests.

    Like say putting much stricter controls on the sale of AMD/Nvidia chips which will conveniently benefit all the AI companies who want China and even consumers to have less access to the underlying components of this tech. Which is the one area Jenson was at odds with AI. Open weight and broad access to AI is good for Nvidia, but not for the AI companies.

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  • [–] 9 points 4 hours ago (1 child)

    You mean the federal organization that fucks animals?

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  • [–] 2 points 2 hours ago*

    Hey now, let's at least pretend to get the facts right.......

    It's the federal organisation protects a persons right to get caught fucking animals enough to be legally prosecuted for it and then still join said organisation.

    That's way different.

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  • [–] 54 points 9 hours ago (14 children)

    I'm already tried of the affair-story. Jensen illegally sold GPU's to China, with some help and possibly pressure from Alice. What people should be caring about now is whether he's going to prison or not

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  • [–] 28 points 9 hours ago (4 children)
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  • [–] 30 points 8 hours ago (1 child)

    Eventually and after much outcry. Don't forget that the first case against him in the 2000s was made to go away - including providing legal immunity to Epstein and any potential co-conspirators - and the guy responsible was later given a position in Trump's cabinet until the whole thing went public.

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  • [–] 4 points 5 hours ago

    And then he "died".

    Either he's actually dead, in which case he wasn't punished for what he did, but for threatening to expose other powerful people, or he's alive and living in exile.

    Probably the former, but when it comes to the wealthy and powerful, I won't rule anything out.

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  • [–] 13 points 7 hours ago (4 children)

    Honest question, why should I give a shit that some CEO wanted to sell GPU's to China?

    Of all the things I would want to see an American CEO put into jail for, selling GPU's to China(which everyone knew was happening) and being semi in favor of China's open weight AI development strategy that would be better from a consumer perspective is close to the bottom of that list.

    Put the CEO's in jail for systematically exploiting global south labor for decades. For colluding to bribe politicians and override democratic processes to force data centers into communities. For stealing more productive human output in a few years then all the labor theft in the whole history of capitalism.

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  • [–] 7 points 5 hours ago (3 children)

    I don't care about the exact reason why he might be going to prison, nor do I really care about selling stuff to china, but what I have been excited about is the possibility of a ceo going to prison for breaking the law. If the crime happens to be selling stuff to china, so be it

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  • [–] 7 points 4 hours ago* (2 children)

    The only time people in the capitalist class are truly punished in America is if they defraud other capitalists or threaten the broader imperialist policies meant to protect US hegemonic capitalism...Enron, Savings and Loans, and Bernie Madoff.

    So if he receives anything, based on history, it will be because of that and would be little more than a pyrrhic victory.

    Certainly not a sign that suddenly healthcare CEOs will be dragged to the firing squads for denying cancer treatments to patients to boost shareholder value. Or that America's institutions set up to protect this system are on the cusp of a reckoning over decades of imperialist exploitation.

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  • [–] 2 points 4 hours ago*

    Yea I mean the chances aren't high, but there are also political games going on that are giving me a tiny bit of hope. From what i've heard, the possible prosecutors (or whatever, I forgot who exactly has the power to put him in prison) are anti-trump republicans, who could use this case to distance themselves from trump (Jensen is a "buddy" of trump). Yea, the odds are slim, but they are probably as big as they could get

    Edit: and i guess one could argue that nvidia has commited a bit of fraud, as they have used illegal means to increase revenue, thus lied about the long-term profitability of the company

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  • [–] 7 points 8 hours ago (2 children)

    Like if America is so concerned about chips being sold to China. Why have they not locked down Nvidia and AMD under matters of national security and defense.

    Like it really feels like this entire thing is a fucking mess.

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  • [–] 4 points 6 hours ago

    Please don't give them any more ideas lol, what OpenAI, Google, and Anthropic want is exactly more stuff like this.

    They want a “moat” around their services. Protected by the most powerful government in the world, the US.

    Almost everything these companies have done has been an attempt to keep this tech and it's supply chain as closed and proprietary as possible.

    Hell, Sam Altman is out there saying the quiet part out loud that they don't even want consumers to have direct access to things like ram anymore.

    And frankly, I wouldn't be shocked if the reason this is happening is for that very reason. A justification they can carve out to justify letting Nvidia stock fall as they simultaneously lock down the tech in a way only US AI companies will be able to easily use it.

    I think like almost everything else America does it will bite us in the ass longterm, but this is directly giving the AI companies what they want. And I suspect we are on the road to that happening.

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  • [–] 6 points 7 hours ago

    Could be Jensen was bribing the US president to sell chips to China and taking advantage of the period of any politician is openly for sale, but now with the power shift of the House and Senate and possible investigations.

    It felt more prudent to get ahead of the story before January when the new elected official take their seats. Maybe he'll buy a pardon.

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  • [–] 17 points 9 hours ago (4 children)

    Its not just the spy though, there's a second affair too.

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  • [–] 28 points 9 hours ago (3 children)
  • [–] [S] 12 points 9 hours ago

    She did what? I mean, the sex I can understand; it's all part of the job if you're in the spy business. But complimenting that jacket is... just too degrading.

    Other than that, I know losing your job in this economy is tough, but I don't think Huang is going to have too much trouble paying his mortgage for a few lifetimes. I am so sorry for his family, though.

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  • [–] 8 points 8 hours ago* (last edited 8 hours ago)

    he hasn't really thrown much away. this just gets him out of the public eye a little bit. he still keeps getting paid. he only loses his salary which constituted like 4% of his income. He's doing this because he knows if nvidia's stock continues to tank, the majority of his income and most importantly... his 100+ bil worth of stock value... also tanks.

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  • [–] 18 points 9 hours ago (3 children)
  • [–] 21 points 9 hours ago (2 children)

    When Nvidia's value has suffered as a result, its board and shareholders would say it didn't happen fast enough.

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  • [–] 15 points 8 hours ago (1 child)

    So what position in the administration is Trump about to give him? Please tell me it is ambassador to China.

    😂 1
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  • [–] 10 points 1 hour ago (3 children)

    Wait, I thought I Hwang quit his job. Going through a sex change seems extreme given the circumstances.

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  • [–] 1 point 1 hour ago (2 children)
  • [–] 16 points 2 hours ago

    That's what happens when you have affairs with grown women. Oligarchs are a pedophile only club

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  • [–] 11 points 8 hours ago

    Analysts at Bernstein downgraded Nvidia and sharply lowered their target for its share price. “Our gut tells us that we probably haven’t yet fully probed the depths of what might be found here,”

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  • [–] 2 points 1 hour ago (1 child)

    This is by far the funniest way this could have played out. What a dork.

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  • [+] -6 points 8 hours ago* (last edited 4 hours ago)

    I hope he is under so much stress and he kills himself. Let's go!

    These people are destroying society. Do not feel sorry for them. They would throw you under the bus. They are doing that, in fact. Remember. They are all Epstein.

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  • [–] 0 points 3 hours ago

    The Glass Cliff is in effect, lads!

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