Huang Resigns, Nvidia Shares Drop
8h
Jensen Huang resigned as Nvidia chief executive after revelations about alleged extramarital affairs, and the chipmaker’s shares fell sharply following the announcement.
They still owe Congress answers.
They still owe Congress answers.
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 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.
Reposted by Simon Lester, Scott A. Imberman, Olúfẹ́mi Táíwò
*ALICE HUANG PROMISED NVIDIA CHIPS TO DEEPSEEK: INFORMATION
*ALICE HUANG PROMISED NVIDIA CHIPS TO DEEPSEEK: INFORMATION
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.”
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
Reposted by Greg Linden
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
Reposted by Greg Linden
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
by Amir Attaran
Reposted by Scott A. Imberman, Peter Gratton
Reposted by Edgar Morgenroth
Reposted by Daniel W. Drezner, Gordon Hodson
by Steve Peers
www.wsj.com/business/nvi...
www.wsj.com/business/nvi...