Nvidia might actually fire Jensen Huang. Let that sink in for a second.
The board is meeting to decide his future after reports of a second affair, this time with a direct report inside the company. That came just days after Huang admitted to the first one, with an exec US intelligence suspects of working for China.
The stock dropped about 8% after hours and prediction markets now give him an 88% chance of being gone by year end. No clear successor either, the names floating around are Ian Buck and CFO Colette Kress.
Huang built Nvidia into a roughly $4 trillion company and owns about 3.6% of it himself. Firing the founder is not a small decision.
Honest question, if the board does push him out, do you buy the dip or stay away until the dust settles? $NVDA #HuangRisksOusterOverReportedAffairWithSubordinate
The board is meeting to decide his future after reports of a second affair, this time with a direct report inside the company. That came just days after Huang admitted to the first one, with an exec US intelligence suspects of working for China.
The stock dropped about 8% after hours and prediction markets now give him an 88% chance of being gone by year end. No clear successor either, the names floating around are Ian Buck and CFO Colette Kress.
Huang built Nvidia into a roughly $4 trillion company and owns about 3.6% of it himself. Firing the founder is not a small decision.
Honest question, if the board does push him out, do you buy the dip or stay away until the dust settles? $NVDA #HuangRisksOusterOverReportedAffairWithSubordinate
