Discussion
In entirely predictable news;
#JensenHuang Resigns From #Nvidia After Affairs
The longtime head of the chip-making colossus admitted to an affair with a woman identified as a spy for China. He was also said to have had a relationship with an executive who reported to him.
#tech #business #AI
https://www.nytimes.com/live/2026/11/12/business/nvidia-jensen-huang-resigns?smid=nytcore-ios-share
The company’s 10-member board said in a statement that Colette Kress, #Nvidia’s CFO, would serve as interim chief executive until a permanent successor to #JensenHuang is named. The board said Thursday that it would begin a search for a permanent replacement & would consider internal & external candidates.
Huang’s exit opens an uncertain chapter for #Nvidia, the premier maker of #AI chips, & will have widespread ripple effects. Over three decades, #Huang, 63, built Nvidia into one of the world’s most valuable public companies, controlling an estimated 90% of the market for the advanced chips that are an essential component of AI projects driving the #US #economy — & are at the center of the US–China tussle for dominance in AI.
With the text reversed, it more clearly looks like "pay for play" (official corruption):
While Jensen Huang had an affair with a Chinese spy, his company Nvidia "donated" at least $20 million to a fund for Trump’s White House ballroom project, persuading Trump to roll back a ban on chip sales to China.
#Trump has defended #JensenHuang, calling him an “honorable man” & saying Huang told him he was not aware that Alice Huang was an intelligence operative for Beijing. Trump is scheduled to travel to #China next week, & he said Monday that he did not plan to bring the #Nvidia matter up in talks with China’s leader, #Xi Jinping.
@Nonilex Oh...that's why Trump stopped protecting him. JH should have donated more.
@Nonilex For a fellow whose net worth (before current stock devaluation) is $150 BILLION his $20 million dollar donation is less than a day’s income. Chump change.