Once begging him to sell more GPUs, now begging him to come back to work
This reversal has a touch of dark humor.
Back then, Musk was sitting at the dinner table asking Jensen Huang to sell him more GPUs. Now Musk has publicly said on X: “There’s a petition underway calling for Jensen Huang to be reinstated, and I’ve signed it too.”
Things are even livelier inside Nvidia. A senior engineer posted on the company’s internal network, and the post drew more than 1,600 comments. Employees wrote things like, “Nvidia is Jensen Huang” and “We’re all human; we all make mistakes. He deserves a second chance.” The independent petition online has already topped 15,000 signatures, including Musk, numerous AI investors, and even Zhang Yiming.
Put simply, this isn’t about loyalty—it’s about self-interest. How could Musk’s xAI, Tesla, or SpaceX do without Nvidia’s GPUs?
But let me pour some cold water on this: he’s not coming back.
On November 12, Jensen Huang resigned as president, CEO, and director, effective immediately. CFO Kress took over on an interim basis. On the 13th, the board told CNBC that it was still selecting an executive search firm, had not formally contacted any candidates, and that it was “premature” to discuss specific names. Meanwhile, the Financial Times has already reported that the board contacted Arm CEO Rene Haas and Apple’s chip chief Johny Srouji.
More seriously, there’s the outside pressure. Three House committees have asked him to testify behind closed doors, and the Senate Banking Committee also wants him to explain national security concerns over chip shipments to China. This is no longer just a matter of personal conduct.
Under Nvidia’s bylaws, six of the ten directors must approve. Musk doesn’t even have a seat on the board; the signatures are just a show of support.
My take: First, nobody in the AI world can truly replace Jensen. Analyst Dan Ives says the company is worth $300 a share with him, and $225 without him. Second, precisely because nobody can replace him, the board is even less likely to budge. When a company is built entirely around “the boss,” any compliance controversy means it has to cut ties.
The market has already cast its vote. On November 12, the stock plunged more than 14% at one point, then closed down 4.34%. From its October high, it fell more than 36% in a month.
Do you think the board will give in? My bet is no.
#黄仁勋
This reversal has a touch of dark humor.
Back then, Musk was sitting at the dinner table asking Jensen Huang to sell him more GPUs. Now Musk has publicly said on X: “There’s a petition underway calling for Jensen Huang to be reinstated, and I’ve signed it too.”
Things are even livelier inside Nvidia. A senior engineer posted on the company’s internal network, and the post drew more than 1,600 comments. Employees wrote things like, “Nvidia is Jensen Huang” and “We’re all human; we all make mistakes. He deserves a second chance.” The independent petition online has already topped 15,000 signatures, including Musk, numerous AI investors, and even Zhang Yiming.
Put simply, this isn’t about loyalty—it’s about self-interest. How could Musk’s xAI, Tesla, or SpaceX do without Nvidia’s GPUs?
But let me pour some cold water on this: he’s not coming back.
On November 12, Jensen Huang resigned as president, CEO, and director, effective immediately. CFO Kress took over on an interim basis. On the 13th, the board told CNBC that it was still selecting an executive search firm, had not formally contacted any candidates, and that it was “premature” to discuss specific names. Meanwhile, the Financial Times has already reported that the board contacted Arm CEO Rene Haas and Apple’s chip chief Johny Srouji.
More seriously, there’s the outside pressure. Three House committees have asked him to testify behind closed doors, and the Senate Banking Committee also wants him to explain national security concerns over chip shipments to China. This is no longer just a matter of personal conduct.
Under Nvidia’s bylaws, six of the ten directors must approve. Musk doesn’t even have a seat on the board; the signatures are just a show of support.
My take: First, nobody in the AI world can truly replace Jensen. Analyst Dan Ives says the company is worth $300 a share with him, and $225 without him. Second, precisely because nobody can replace him, the board is even less likely to budge. When a company is built entirely around “the boss,” any compliance controversy means it has to cut ties.
The market has already cast its vote. On November 12, the stock plunged more than 14% at one point, then closed down 4.34%. From its October high, it fell more than 36% in a month.
Do you think the board will give in? My bet is no.
#黄仁勋