I'm actually surprised at this. I figured everyone would justify keeping him because he made Nvidia (and investors) so much money. Money > anything else

How illegal is it for a CEO to sell goods (potentially a core component used in military weapons) to a foreign government after your government said not to?

Bummer. He stood in the way of regulatory capture and AI monopolists had him removed. I foresee the open model / open weights ecosystem eventually getting locked down, especially the most competitive Chinese models.

If he had affairs with normal staffers and NOT involved with a chinese spy, he'd probably would have survived. The fact that he's out means he definitely supplied the chinese with chips.

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I hope there was more to these claims that we weren’t privy too.

IMO, should be illegal for company policy to retaliate against someone for a personal romantic relationship.

This seems like a wild over reaction to the stock. Does anyone actually think Jensen being CEO of Nvidia is with $1 trillion in market cap?! The reason Nvidia is dominant is because of their ecosystem and them having the best chips, not because of some guy that leads the company.

I am in shock, Jensen is one of the pioneers in our industry and we will always remember his accomplishments. But I do fear Nvidia will now only make safe bets and not be able to innovate in an ongoing industrial revolution because they lack their biggest, boldest visionary to set the direction. This man has created an insane wealth for over 50% of his employees. An extraordinary leader, engineer, salesman and team builder. I still believe in the excellent talent at Nvidia, but I do not believe in a board that fires their best person and we have seen several examples of a board/leadership ruining a company because they lack the founders vision, fighting spirit and ownership. Jensen deserved another punishment, not getting fired.

to me this proves money < politics, I belive the investors know who can make the most money, but this time there're more crucial factors to consider

He must have come in cross hair with the state somehow,

It just sucks because Jensen was basically the last big tech CEO that seemed like a human being, and knew what the hell he was talking about. I guess a little too human in the end. But this has pretty much destroyed my last bit of faith in any of them.

Shocking to say the least! I think this is bad for AI industry as a whole.

Elon(and others) got it right by making perfidity a feature of there character right up front by bieng VERY public about whatever they get up to. Jensen just so happens to be a convienient scapegoat to buy a news cycle away from the very difficult political and economic situation that would otherwise be the lead story, and I bet that having him fold his hand quite so easily is actualy not what they were hoping for, and good on him for doing it.

So, I understand this is getting priced in to some degree, but I just don't see how any of this will change the fundamental core business value of NVIDIA.

Even if they have to pay a fine or increased regulatory scrutiny. At this point NVIDIA is more like SHELL(10 years ago maybe/during oil spill scandal) than a tech company. Its going to keep printing money with its chips.

So, I guess I'll timestamp my prediction that now is a good time to buy NVIDIA stock.

Hopefully this will not cause a shift in the way nvidia operates, for example in relation to research and open source.

I mean, imagine nvidia becoming like Apple, with an AI App Store ... trying to maximize their profits above everything else.

I'm guessing this is the most expensive affair in history?

Your career wrecked for a pussy, since 10,000 BC

We will never change, thank god AI doesn't have sexual instincts... yet

Yay for powerful people being held accountable for their actions. Do Musk next.

Ooh a real world test of whether CEOs are dispensable.

Someone right now must be smoking a cigar and going "I love it when a plan comes together". Clean snipe.

Jensen will probably run SpaceX's chip fab and grow it to the size of Nvidea.

Jensen is basically Nvidia, he has ruled it for over 30 years single handedly, he took the risks and had the vision to take it to where it is today under his leadership. Without him, they are just some chip company, and will be revalued as such. The innovation will stop.

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Maybe the most competent tech CEO in recent decades, or at least one of. A Steve Jobs and Wozniak, all in one person but with no charisma.

NVIDIA's long-term future will suffer because of it, no matter how correct the decision is

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What are the implications if up to 15% of revenue was "fake"? The investors have been pricing Nvidia based on demand and revenue from (most places except for China). Since it turns out that it was actually (most places including China), doesn't that imply the market is actually smaller than they thought? Can buyers sue because they paid increased prices for their products due to sanction breaking by Nvidia?

Why would he resign on this note? He could have powered through it for a couple more years, and asserted leadership.

Wow, this is enormous. End of the AI bubble?

LLMs will be completely unaffected, but the pricing remains to be seen.