Affairs are commonplace. Most likely the internal findings from the investigation point to something more troubling/illegal

This is what I keep coming back to. The board is not some random board. They know Jensen is their golden goose, there is no NVIDIA without Jensen. What they saw must have been company-existentially-illegal for them to throw their golden goose under the bus as a survival tactic.

edit: btw the board has a director that’s ex-Cooley, no greenhorn I imagine to congressional investigational scrutiny. It had to be something that made them realize cutting ties with Jensen immediately was the only way to survive.

The board probably determined it would impact the stock too negatively to keep him on.

I think they go spooked because he's been a proponent of relaxing export controls to China and it turns out it's because his mistress/gf is a chinese spy who is influencing him. And NVIDIA is making what currently is probably a product of national security importance.

If I was them, I'd be worried that the government invoke the Defense Production Act (DPA) or impose National Security Agreements and Clearances which would require NVIDIA to isolate sensitive R/D, restrict foreign nationals from accessing specific chip designs, and place government-vetted compliance monitors on its board or security teams. ALSO there definately will be subpeonos and probes and those are never fun.

Easier to say we cut out the guy responsible and hopefully that lessons the troubles

I think internally they know that the violation of export controls is gonna be sticky and it’s almost zero percent about an affair

After the news about a potential foreign compromise, disclosure of an affair with a subordinate is pretty damning. One can be discounted as poor judgement. Two is a pattern that's hard to dismiss. I wonder if we'll learn of other shenanigans or whether kicking him out stops future (possible) disclosures.

the second one being with an employee, and a direct subordinate at that, is inexcusable to the board

I mean, cheating is not nice and not morally great, but who cares for a CEO. He isn't hired for being a good husband.

The spy thing is juicy, maybe it's surface level, maybe it's deeper.

>> he made Nvidia (and investors) so much money.

Right now, he made them lose 700 Billion dollars. So the investors lawsuit also will be the biggest in history.