⚡️ #英伟达 They’ve brought out the legal A-team this time! The independent directors have hired former acting prosecutor Kim Jun-hee, along with the famed Wall Street crisis law firm Wachtell Lipton, to conduct an independent investigation into the turmoil surrounding Jensen Huang. This lawyer previously led the investigation into the Cuomo sexual harassment case, giving the probe plenty of credibility.
This move is also meant to address a shareholder class-action lawsuit and congressional subpoenas, while reducing the board’s own legal risks. Although the initial official finding was that no data had been leaked, and the company continues to stand by Jensen Huang, the turmoil is far from over. Nvidia’s stock has plunged under pressure, while rival AMD has surged and reaped the benefits. The fallout could also lead to tighter chip export controls on China. This drama isn’t over yet 📉$NVDA
This move is also meant to address a shareholder class-action lawsuit and congressional subpoenas, while reducing the board’s own legal risks. Although the initial official finding was that no data had been leaked, and the company continues to stand by Jensen Huang, the turmoil is far from over. Nvidia’s stock has plunged under pressure, while rival AMD has surged and reaped the benefits. The fallout could also lead to tighter chip export controls on China. This drama isn’t over yet 📉$NVDA
