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Jensen Huang resigning effective immediately

Posted on 11/12/26 at 7:50 am
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
142360 posts
Posted on 11/12/26 at 7:50 am
Breaking CNBC
Collette Kress will serve as interim CEO

LINK
This post was edited on 11/12/26 at 7:53 am
Posted by ODP
Conroe
Member since Oct 2015
2063 posts
Posted on 11/12/26 at 7:51 am to
Boom! down goes the NASDAQ!
Posted by Aloha
Member since Nov 2026
19 posts
Posted on 11/12/26 at 7:52 am to
NVDA Down 10%.

Collette Kress (whoever the hell that is) will be interim CEO

AMD up 4%

This post was edited on 11/12/26 at 8:07 am
Posted by LChama
Member since May 2020
4752 posts
Posted on 11/12/26 at 7:55 am to
Still not sure why this guy having an affair is a big deal when everyone else has one and its not
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
142360 posts
Posted on 11/12/26 at 7:55 am to
quote:

AMD Down 10%.
NVDA

$154.50 now.

4-handle is a buy IMO
Posted by Aloha
Member since Nov 2026
19 posts
Posted on 11/12/26 at 7:58 am to
quote:


Still not sure why this guy having an affair is a big deal when everyone else has one and its not


He wasn't banging a cashier at Publix.

1. He had an affair with a Chinese Spy, putting our national security at risk.
2. He had an affair with a direct subordinate which company policy says results in termination.

Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
142360 posts
Posted on 11/12/26 at 8:00 am to
quote:

Still not sure why this guy having an affair is a big deal
It isn't.

But having an affair with a Chinese honeypot spy who was operating a shell company shunting chips to China to circumvent US law, and then having another affair with with an employee required to report directly to him is a different paradigm.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
3722 posts
Posted on 11/12/26 at 8:17 am to
The woman better be terminated as well
Posted by Robcrzy
Mandeville
Member since Nov 2007
1704 posts
Posted on 11/12/26 at 8:18 am to
Side Snatch cost 500 billion+ and counting
Posted by Robcrzy
Mandeville
Member since Nov 2007
1704 posts
Posted on 11/12/26 at 8:19 am to
trillions across the market lol
Posted by Robcrzy
Mandeville
Member since Nov 2007
1704 posts
Posted on 11/12/26 at 8:22 am to
Haung Side Pussy crash of 2026
Posted by saderade
America's City
Member since Jul 2005
26581 posts
Posted on 11/12/26 at 8:26 am to
quote:

Haung Side Pussy crash of 2026
It continues to be undefeated
Posted by PSS101
Member since Jun 2024
2210 posts
Posted on 11/12/26 at 8:29 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
34246 posts
Posted on 11/12/26 at 8:31 am to
Appointing the CFO to interim CEO to appease Wall Street. But Wall St knows what NVDA is losing in Jensen. There’s no appeasing Wall St today
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
42437 posts
Posted on 11/12/26 at 8:41 am to
Is this a black swan event?


The CEO/Founder of the biggest company on Earth, producing some of the most in demand, highest margin products that are at the absolute bleeding edge of what humanity can produce at scale gets honeypotted by a foreign spy and is replaced by a bean counter.


When is the last time a tech company maintained or increased their rate of innovation after replacing the founder with a business person? Never?

Like I get why they are ousting him, but NVDA is pretty much done as an innovator in this space. Going to be tough to break new ground when the leader of the company is more focused on the next 4-6 quarters instead of the next 4-6 years. I have a pretty sizeable stake in NVDA and I'm seriously considering getting fully out of that position and relegating my exposure to whatever is in ETFs.


This fricking sucks.
This post was edited on 11/12/26 at 8:42 am
Posted by StonewallJack
Member since Apr 2008
1173 posts
Posted on 11/12/26 at 8:41 am to
Jensen Hung!!!
Posted by cgrand
HAMMOND
Member since Oct 2009
51882 posts
Posted on 11/12/26 at 8:43 am to
NDVA has lost 1/3 of its market cap. Catastrophic at that level
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
47230 posts
Posted on 11/12/26 at 8:52 am to
I think this is overblown. Dude is 63. He wasn't going to be doing this forever. There is no reasonable reason why NVDA's rev will decline over the next five years
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
35788 posts
Posted on 11/12/26 at 9:00 am to
If you’re not buying NVDIA on clearance this morning you’re missing out
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
42437 posts
Posted on 11/12/26 at 9:08 am to
quote:


I think this is overblown.


We're in the 2nd or 3rd inning of the AI paradigm and the company serving as the backbone of the whole thing just replaced their visionary technically trained founder with an MBA. I don't think this can be understated.


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