Investing General Discussion

rectifryer

Tranny Chaser
407
909
lol, looks like I loaded up a few days too early. Ohh well, sad that I missed out on more gains but I still believe NVDA is a good long term buy at these prices, thesis hasn’t changed.

I would be a bit concerned about who they replace him with though….god help me if it’s a pajeet
I agree about 80% confidence. If the next CEO is Indian then it's going to tank the stock. Rightfully so.
 

fris

Vyemm Raider
2,706
3,824
should we give a fuck who he's fucking? outside of his wife and kids, we should just judge him based on how the company he's running is doing. am i wrong?
 
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Tmac

Adventurer
<Aristocrat╭ರ_•́>
10,975
19,630
should we give a fuck who he's fucking? outside of his wife and kids, we should just judge him based on how the company he's running is doing. am i wrong?

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
176,582
should we give a fuck who he's fucking? outside of his wife and kids, we should just judge him based on how the company he's running is doing. am i wrong?
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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Fogel

Mr. Poopybutthole
17,241
74,200
From what I read, the latest affair news happened back in March and multiple people knew about it, so I highly doubt the company and board didn't know.
 

fris

Vyemm Raider
2,706
3,824
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.
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
 

Fogel

Mr. Poopybutthole
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From what I've gathered, it was less about her being a spy and getting secrets, and more about routing chips through a company in SE asia to bypass sales of chips to china.
 
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Jysin

Bronze Baronet of the Realm
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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:
Chinese AI firms are rushing to secure more NVIDIA (NVDA)-powered computing capacity at overseas data centres and are concerned the NVIDIA CEO spy scandal may prompt Washington to restrict remote use of advanced chips, according to sources

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.
NVIDIA (NVDA) weighs naming a temporary CEO before holding a wider search and is working with an outside firm to find a possible new CEO, according to Bloomberg

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:

IMG_6771.jpeg
 
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Jysin

Bronze Baronet of the Realm
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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.
 

Jysin

Bronze Baronet of the Realm
7,371
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Nvidia (NVDA) announces CEO transition, Huang out as CEO and board member. Colette Kress is interim CEO. Initiating search for a permanent CEO, external and internal candidates to be considered.

Animated GIF
 
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MachRed

Molten Core Raider
210
492
What a shit show. Should have just hired hookers on a private island instead of chasing mid teir poon that evaporates 1.5T. Oh well, at least my CC's are safe now.
 
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TJT

Mr. Poopybutthole
<Gold Donor>
48,242
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What a shit show. Should have just hired hookers on a private island instead of chasing mid teir poon that evaporates 1.5T. Oh well, at least my CC's are safe now.
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!
 
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Sheriff Cad

scientia potentia est
<Nazi Janitors>
35,930
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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!
It's kind of paradoxical because you or I could go hire those 20 escorts and nobody would bat an eye. Someone famous like him would get exposed by one or more of them for blackmail money. It's why "procuring girls" for Epstein and those type of people was a thing. They are blackmail and espionage targets, you can't be hiring random girls if they know who you are.

So yea billionaires end up getting handjobs at rub and tugs. It's hilarious and kinda sad. Never get famous, it's the worst thing ever.
 
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