Nvidia’s (NVDA.O), opens new tab board is preparing to oust CEO ​Jensen Huang after he had ‌two extramarital affairs, including one with a suspected Chinese spy, the ​Wall Street Journal reported on ​Wednesday, citing people familiar with ⁠the matter.

The board is preparing ​to meet as soon as ​Wednesday to determine his future, the report added.

  • FreddiesLantern@leminal.space
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    12 hours ago
    • help wreck the world economy
    • help build the dystopia everyone dreads
    • utterly ruin the tech sector, possibly for generations to come
    • …

    Board: honkey-dorey okey-dokey

    • chinese spy appears

    Board: Oh no we gotta have standards!

    • jj4211@lemmy.world
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      5 hours ago

      Yes, these are two with some broader inplications (unfair treatment among subordinates, unfair influence by a business partner/likely spy). There may be more of consequence, but absolutely there were more of no professional consequence that no media would care about.

  • magnetosphere@fedia.io
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    16 hours ago

    It took them this long to figure out that maybe he can’t be trusted? I’m not overwhelmed with confidence in Nividia’s board.

    • jj4211@lemmy.world
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      3 hours ago

      It’s not about how competent or trustworthy he is, and all about gauging public perception.

      AI-boom nVidia is about perception, less so substance.

      Pre-AI boom, nVidia might come to a partner with a pitch asking for 5 million dollar investment to try to flesh out some concept they have. They’ll present a detailed explanation of what they are thinking, analysis of expected performance enhancements, some reference customers, revenue projections with anticipated margins, and maybe a six month exclusivity for the investment.

      AI-boom nVidia comes to a partner and has a very vague idea not well described and says “give us 50 million”. No details, no analysis, no market projections. Instead “first company to commit gets their logo on a deck with Jensen on stage, other companies will get a verbal mention after the top billing”.

      For more expensive commitments, your CEO is allowed to come onstage with Jensen. For ungodly more, Jensen will come to your CEO’s event.

      They made “association with Jensen” the product for partners to covet. So they now weigh how much being a chump to Chinese intelligence and affair with a subordinate weighs against their ‘rockstarification’ of Jensen.

    • MiguelPablo@feddit.org
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      16 hours ago

      I think it would be silly to argue that they only figured that out know, or that they genuinely think that his affairs are what make him untrustworthy.

      They could easily try to play it off and most people probably wouldn’t give a dime. They’d hear about it in the news, discuss it in social media and with their friends, but would anybody stop using LLMs because of it? Would any significant amount of people sell NVIDIA stock “just” because he had an affair (or two or three or…)?

      I am not trying to defend him, but I genuinely do not think that the business side of NVIDIA would actually be affected by this.

      However, how else could the NVIDIA board even go about firing Jensen Huang from his own company without a publicly disclosed affair with a Chinese spy or a similar situation? I don’t think they could, even if some people on the board or in the company were unhappy with him.

      And to wrap back around to my first point: Maybe this covers up for something else? Why would they want to fire their CEO that has been printing them loads and loads of cash and will probably continue to do so for the next few years? I am not convinced that the board actually cares about him having an affair with that Chinese spy, but I obviously am just talking out of my a** lol

        • RogueBanana@lemmy.zip
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          15 hours ago

          It’s not like Jensen himself is out there dealing the smuggled goods. The board likely knows, I am guessing it’s more of a disagreement between the guy who holds lot of power and the board who wants more control. Those money hungry fucks would defend Jensen claiming it was legal if it was in their interest, they have the layers for it. Of course, all we can do is just speculate, and wait and see.

  • eremophila@lemmy.zip
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    16 hours ago

    Will nvidia be a decent company without Jensen?

    Why are governments and corporations so often framed as being dictatorships these days? Aside from the daft celebrity angle it attracts, it seems to just be a way of applying the blame to only one person, somewhat allowing the corporation, or political party, to get away with whatever they want.

    This is in no way meant to defend Jensen, he should have been shot into space a long time ago.

    • korazail@eviltoast.org
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      5 hours ago

      It is nice to have the leadership held accountable.

      I’d have preferred to have Jensen on trial for the economic crash everyone can see coming, or racketeering around every kind of silicon, but I’ll take someone so very publicly the face of a company getting their time in the court of public opinion; He’s been such a smug asshole for the past few years. And maybe he still gets put on trial too.

      I could look these up, but I don’t KNOW them off the top of my head: CEO of Nestle, CEO of T-Mobile, CEO of Deloitte, etc. All companies I dislike, but their leaders aren’t in the news every fucking day. Even Bezos knows to shut the fuck up.

      Zuck, Musk, Altman, Ellison, Huang; It seems that in Tech, there’s a hubris in leadership that feels that they embody the company. If they want to BE their companies, than they need to be accountable AS that company. But I would love a future where boards are accountable too.

      Will NVidia be a decent company without Huang? Maybe… in like 2015, it was a company for people who played video games or made art. When they found higher profits in crypto and AI, they changed tracks. Are future leadership roles going to make a gaming company or an AI company? The latter is profitable right now at the cost of the future, so I don’t have high hopes.

    • Sumocat@lemmy.world
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      14 hours ago

      Some of the most powerful corporations are effectively dictatorships. Zuckerberg holds controlling interest of Meta. Controlling interest in Alphabet (Google) is held by Page and Brin. Musk dominates his boards. Ellison and Bezos maintain control over Oracle and Amazon, respectively, as overwhelmingly wealthy executive chairmen. After the OpenAI board voted Sam Altman out, which is their right, he staged a coup to keep his job, like a dictator would.

      However, most corporations are properly overseen by their boards, including Microsoft and Apple.

      • Aceticon@lemmy.dbzer0.com
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        5 hours ago

        More in general, a system where how much money one has dictates how much power one’s vote has with some having millions of times more power than others, isn’t democratic, though the correct word for it is Oligarchy rather than Dictatorship.

        There is no such thing as Shareholder Democracy.

        People expecting even publicly traded companies to be democratic are probably just blindy following ideas about companies that they were subtly propagandized into believing, rather than having really properly pondered on the subject and formed their own ideas.

    • TranscendentalEmpire@lemmy.today
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      12 hours ago

      corporations so often framed as being dictatorships these days?

      I mean, they are literally molded after military organizations. Some of the first proto Corporations were mercenary companies, and the language and organizational hierarchy they utilized have remained relatively unchanged.

  • darthsundhaft@piefed.social
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    16 hours ago

    Which seems like a cop out considering the bad press NVIDIA has received over stocks and the failure of AI. Why not just boycott them entirely? The stupidity of one billionaire should not distract from the real focus.

    • khannie@lemmy.world
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      8 hours ago

      Why not just boycott them entirely?

      We’re not their customers any more and the ones who are couldn’t care less about any of this I’d imagine.

    • NovaVeles@lemmy.world
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      14 hours ago

      ** Puts on tin foil hat ** Maybe that is the plan, use this as a distraction from all their other nonsense.

  • redbrick@lemmy.world
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    14 hours ago

    Can US prez be ousted for the same thing…except with epstein? I mean this dude just makes GPUs…wtf? He could be making tacos at the street corner, but he can’t sell taco’s because he’s having sex that’s not aligned with christian values.

    • dusk@piefed.social
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      12 hours ago

      this dude just makes GPUs

      He also channels pure evil and wants to burn the world down to ash