New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop
A capitalist society is one where the owners of capital want to continue to make a profit. By getting caught with a Chinese spy when selling advanced chips to China is one of the few illegal things that the Trump administration cares about, he put those profits at risk. His actions opened the door for investigations into nVidia. Every company has dirty laundry, and it’s not just Jensen’s affairs, so they don’t want those investigations to happen.
He also is a major owner of nVidia stock, so he probably figured the best way to keep his money safe is to resign.
Now he just needs to go get diagnosed with sex addiction or something, spend some time in rehab, do an apology tour, and in a few years he’ll be back as CEO.
one of the few illegal things that the Trump administration cares about
The Trump administration knew about for months and did nothing, they knew the company that lady was CEO was sus AF and did nothing. Jensen was sidelined for a China trip and Trump itself ordered that he was invited.
A capitalist society is one where the owners of capital want to continue to make a profit. By getting caught with a Chinese spy when selling advanced chips to China is one of the few illegal things that the Trump administration cares about, he put those profits at risk. His actions opened the door for investigations into nVidia. Every company has dirty laundry, and it’s not just Jensen’s affairs, so they don’t want those investigations to happen.
He also is a major owner of nVidia stock, so he probably figured the best way to keep his money safe is to resign.
Now he just needs to go get diagnosed with sex addiction or something, spend some time in rehab, do an apology tour, and in a few years he’ll be back as CEO.
The Trump administration knew about for months and did nothing, they knew the company that lady was CEO was sus AF and did nothing. Jensen was sidelined for a China trip and Trump itself ordered that he was invited.
slow clap Nice. 😏