Investing General Discussion
- Thread starter Furious
- Start date
I agree about 80% confidence. If the next CEO is Indian then it's going to tank the stock. Rightfully so.
Furry
Brad American
- 29,400
- 43,829
Is he the holder of a majority of voting shares? Quick google says nope. Then the board absolutely can dump him.
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Tmac
Adventurer
- 10,975
- 19,630
Bro. He was doing it with a spy lol. Ever heard of corporate espionage? The Chinese play for keeps. So, yes, we should care.
That's way beyond the pale of bad business ethics and crippling moral ineptitude.
Gravel
Mr. Poopybutthole
- 48,601
- 176,581
What any of this has to do with the value of the company is the confusing part to me. Feels like people are using it as an excuse to dump an overpriced stock.
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Middle scool education says it ain't true but people in random news article commens act like it's his personal business because he's the CEO.
fris
Vyemm Raider
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- 3,824
is she really a spy or is every business in china owned by the govt? seriously, i haven't bothered to learn much about china. was he just getting some ass or was he selling secrets? my guess is he has enough $$ that best she could hope for was emailing secrets back home while he takes his post-spy-bj nap
Jysin
Bronze Baronet of the Realm
- 7,371
- 5,998
You guys are missing a bit here. On the surface, sure it seems having an affair shouldn't impact a single company so much, however the nVidia situation is quite unique. Jensen Huang built nVidia from the ground-up as a co-founder in the 90s. From what has been reported, he does A LOT of micromanagement of multiple departments. Think Steve Jobs style.
RISK #1 Was the weekend news about the China spy affair with Alice. There are flagged concerns about this involvement that got Jensen to push for more lax export controls while he had close ties with Trump, as well as Alice's direct involvement in smuggling chips to China with her own company (likely a China front). This is going to certainly be a catalyst for future export control regulatory pushes.
See already:
RISK #2 The chatter over the weekend when this broke was how Jensen's wife of 40+ years (married prior to the founding of nVidia itself) is going to take all of this. She is quite literally entitled to half of his assets (nVidia shares). If she were to break the marriage off, there is a big share sale risk if she just takes the shares and dumps them for cash.
RISK #3 More news came about from nVidia that they do not even have a succession plan in place for Jensen, which seems absurd to me. He reportedly has 60 direct report managers that deal with him constantly. (micromanagement pointed out earlier) The departure will likely be messy from a CEO point of view.
RISK #4 The news that broke last night was it has also come out that Jensen was having another affair with an internal nVidia exec. This has greatly renewed concerns of his wife filing for divorce.
...
RISK #3 VALIDATED: Overnight news broke that nVidia is indeed looking at replacing Jensen.
There is a lot to unpack here and you basically see sellers step in amidst uncertainty. IF (big if), Jensen's wife Lori decides to stand by and work through this, there is some risk averted. But there is no way around the export control / regulatory crackdown that is coming.
**EDIT** If only there were signs:
RISK #1 Was the weekend news about the China spy affair with Alice. There are flagged concerns about this involvement that got Jensen to push for more lax export controls while he had close ties with Trump, as well as Alice's direct involvement in smuggling chips to China with her own company (likely a China front). This is going to certainly be a catalyst for future export control regulatory pushes.
See already:
RISK #2 The chatter over the weekend when this broke was how Jensen's wife of 40+ years (married prior to the founding of nVidia itself) is going to take all of this. She is quite literally entitled to half of his assets (nVidia shares). If she were to break the marriage off, there is a big share sale risk if she just takes the shares and dumps them for cash.
RISK #3 More news came about from nVidia that they do not even have a succession plan in place for Jensen, which seems absurd to me. He reportedly has 60 direct report managers that deal with him constantly. (micromanagement pointed out earlier) The departure will likely be messy from a CEO point of view.
RISK #4 The news that broke last night was it has also come out that Jensen was having another affair with an internal nVidia exec. This has greatly renewed concerns of his wife filing for divorce.
...
RISK #3 VALIDATED: Overnight news broke that nVidia is indeed looking at replacing Jensen.
There is a lot to unpack here and you basically see sellers step in amidst uncertainty. IF (big if), Jensen's wife Lori decides to stand by and work through this, there is some risk averted. But there is no way around the export control / regulatory crackdown that is coming.
**EDIT** If only there were signs:
Last edited:
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Jysin
Bronze Baronet of the Realm
- 7,371
- 5,998
To add fuel to the volatility:
US President Trump posts " We don’t need a deal with Iran. Those days have long since passed. We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait! Thank you for your attention to this matter."
Indexes puking again this morning.
US President Trump posts " We don’t need a deal with Iran. Those days have long since passed. We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait! Thank you for your attention to this matter."
Indexes puking again this morning.
TJT
Mr. Poopybutthole
- 48,237
- 133,264
Yeah I never understood that. If you're a billionaire you can have a 24/7 personal assistant who you pay just to manage your hooker schedule of top shelf escorts whose primary service is discretion. Rotate them around, nobody would ever be the wiser.
Nope, lose your job and status over a mid CCP whore. Good job!