Most affairs don't matter except to the people involved. Ex-Nvidia CEO Jensen's blunder will rock the world
The boss of the world's most valuable company – well, it was until recently, anyway – publicly resigned yesterday, November 12, as CEO, president, and board member, effective immediately.
Key points
- The ongoing saga has also shaved hundreds of billions of dollars off of what was once the world’s most valuable company — one crucial to the US remaining at the forefront of AI development around the world.
- I used to say that I didn't know where the AI companies were going, but I was sure that so long as capital kept flowing into Big AI, Nvidia was the one company you could count on that would make money.
- Huang had nearly single-handedly turned Nvidia from a niche maker of graphics chips for video games into the centerpiece of the world’s AI boom, and the company has never had another leader.
The News Jensen Huang was ousted as Nvidia’s CEO Thursday, a stunning fall for one of the world’s most powerful figures.
When Nvidia CEO Jensen Huang makes a "romantic" blunder, he doesn't do it halfway.
Additional details
- The final nail in Jensen's coffin came when The New York Times reported he had also allegedly had an affair with Nvidia's VP of health care, Kimberly Powell.
- I heard many people say that Huang was "too big to fail." True, morality no longer matters much in the US – see Trump's kleptocracy – but this is different.
- The Trump administration is made more vulnerable by Huang’s close relationship with Trump and its deference to the Nvidia CEO on chip policy matters.
- Megaspeed is accused of being a front for China's government that was used to transfer Nvidia chips to China, although this hasn't been proven.
- Other names that have been floated are AMD’s Lisa Su, Huang’s first cousin once removed, as well as an offbeat suggestion by US President Trump on Thursday to tap former Apple CEO Tim Cook for the job.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
Advertisement
Every article behind this summary — 2 articles from 2 outlets
Get stories like this in your inbox.
Subscribe — it's freeOne free email at 6am — your topics, deduplicated, five minutes. No account, no paywall.