Nvidia leadership shaken by scandal
10m
Jensen Huang resigned immediately as Nvidia’s CEO, chairman and board member amid reports of affairs, including one with a woman U.S. officials suspect of spying for China. CFO Colette Kress was named interim CEO, and Nvidia shares fell more than 7% in early trading.
They still owe Congress answers.
They still owe Congress answers.
Reposted by Nathan P. Kalmoe, Stacy D. VanDeveer
Turns out that is not true. Trump dumped a HUGE stake in NVIDIA stock.
He didn't warn Huang. He didn't order investigations into national security risks.
Turns out that is not true. Trump dumped a HUGE stake in NVIDIA stock.
He didn't warn Huang. He didn't order investigations into national security risks.
Reposted by Daniel W. Drezner
AP: The company named Colette Kress as interim CEO. Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading.
AP: The company named Colette Kress as interim CEO. Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading.
by Amir Attaran
A: Because … “At Mr. Huang’s urging, Mr. Trump allowed Nvidia to sell certain models of its chips to China under an unusual arrangement in which the federal government took 15 percent, and later 25 percent, of the revenue.”
A: Because … “At Mr. Huang’s urging, Mr. Trump allowed Nvidia to sell certain models of its chips to China under an unusual arrangement in which the federal government took 15 percent, and later 25 percent, of the revenue.”
by Greg Linden
What to know about Colette Kress, NVIDIA’s interim CEO:
Yet, far from concluding this episode, it is just one chapter of a bigger issue with economic, financial, and geopolitical repercussions...
Yet, far from concluding this episode, it is just one chapter of a bigger issue with economic, financial, and geopolitical repercussions...
Reposted by Greg Linden
Reposted by Greg Linden
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Main Link | Techmeme Permalink
by Simon Lester Reposted by Elizabeth Saunders
Reposted by Greg Linden
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
by Amir Attaran
The situation will remain in the spotlight, not only as the company navigates the loss of its highly-influential founder, but also as various political investigations (formal and informal) unfold.
#economy #markets @nvidiabot.bsky.social #nvidia #JensenHuang
The situation will remain in the spotlight, not only as the company navigates the loss of its highly-influential founder, but also as various political investigations (formal and informal) unfold.
#economy #markets @nvidiabot.bsky.social #nvidia #JensenHuang
NVIDIA NAMES CFO COLETTE KRESS INTERIM CEO
by Amir Attaran
Reposted by Greg Linden
What to know about Colette Kress, NVIDIA’s interim CEO:
What to know about Colette Kress, NVIDIA’s interim CEO:
Reposted by Greg Linden