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Nvidia shares plunged minutes after Huang, the tech giant's head and co-founder, announced his resignation. He was under growing pressure over an affair with a …
Nvidia shares plunged minutes after Huang, the tech giant's head and co-founder, announced his resignation. He was under growing pressure over an affair with a woman suspected of spying for China. The company has named Colette Kress as interim CEO.
#dwcurrentaffairs
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This is terrible. This man founded his own company, stuck to his innovation for 33 years just for one scandal to destroy his life's work. Sure, he might have made some morally questionable decisions, but this public abuse of his affairs is equally morally questionable.
Jensen got fed up by his AI-curated feed with lots of slop-AI reels made from his AI Data Centers <a href="UCkszU2WH9gy1mb0dV-11UJg/xsIfY4OqCd2T29sP54iAsAw"></a><a href="UCkszU2WH9gy1mb0dV-11UJg/xsIfY4OqCd2T29sP54iAsAw"></a><a href="UCkszU2WH9gy1mb0dV-11UJg/xsIfY4OqCd2T29sP54iAsAw"></a><br> "I used the stones, to destroy the stones!" ~Thanos
I believe this will turn out to be one of the worst decisions for NVIDIA’s future growth and innovation.<br><br>A first-generation CEO, who is usually also the founder, has the unique freedom to make tough decisions for the long-term future of the company, even if it means going against the board of directors. We have seen people like Steve Jobs, Elon Musk, and Mark Zuckerberg exercise this freedom.<br><br>A professional CEO, on the other hand, often doesn't have that luxury. They are constantly under pressure to deliver strong quarterly numbers and protect their position, even if it comes at the cost of the company's long-term future.<br><br>NVIDIA could now risk becoming a company that prioritizes short-term quarterly growth over genuine innovation. That's because its next CEO will likely face significant pressure from the board, something Jensen Huang was relatively insulated from because of his position as the company's founder.<br><br>Honestly, I see NVIDIA’s future becoming increasingly uncertain and potentially quite dark.
I don't blame Jensen. By banning Nvidia from selling high-end chips to China just to win the AI race, the US is helping American AI companies profit at Nvidia's expense.
Nvidia is in the top three of world's most valuable companies. <br>CEO title of Nvidia must be more powerful title than many heads of the states around the globe.<br>A simple affair and a simple spy action doesn't seem to be or should not be the real thing. <br>There must be hidden agendas, other things at the bottom of the iceberg. This is not your daily market's cashier.
One down , More to go on "Their" todo(remove) list..
<br>Nvidia CEO Chinese ❌
<br>AMD CEO Chinese
<br>Intel CEO Chinese
<br>Broadcom CEO Chinese
<br>....
<br>No long ago , they remove TTok CEO power.
Jensen spent 30 years building NVIDIA. I remember buying their GPUs as a kid. I'm not sure investors will steer NVIDIA as well, especially in the long term. For NVIDIA it may have been better for him to stay.
He wanted out. AI bubble is going to pop, humans are against it, shareholders will demand to see heads on spikes. So he 'volunteers' his affairs, then steps down. Avoids the real backlash that is coming next.
As you can see, jobs are becoming unstable and earning opportunities are shrinking. In reality, no one helps you when things go wrong. That’s why planning and responsibility are important, whether in life or decisions.
It's become a meme now.. "Jensen can't keep his hardware in check/to himself".. so many variations regarding how he handle his "hardware".. it's understandable he stepped down when criticism and disappointment from people are so huge in many parts of the globe.
Karma has a funny way of taking down those who look upon those who built them up as inferior!<br><br>Hopefully this can in part check the abhorrent rise of AI, and bring prices down in the consumer marketplace soon somehow.
Nvidia shares plunged minutes after Huang, the tech giant's head and co-founder, announced his resignation. He was under growing pressure over an affair with a woman suspected of spying for China. The company has named Colette Kress as interim CEO.
#dwcurrentaffairs
For more news go to: http://www.dw.com/en/
Follow DW on social media:
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<br>Rob your lifetime contribution just like that.
<br>This country created from robbing others home.
<br>Nvidia CEO Chinese ❌
<br>AMD CEO Chinese
<br>Intel CEO Chinese
<br>Broadcom CEO Chinese
<br>....
<br>No long ago , they remove TTok CEO power.