AI Earthquake - Jensen out at Nvidia
Hello, as you know I have been away from Pub0x writing for several months tending to other matters.
I like you have been consumed since this past weekend as news about Jensen Huang and his cheating allegations broke.
Initially, it was reported he was having an affair with a Chinese 'spy' (not my words! ((As I like been seen not viewed!)). Last evening the New York Times (NYT) reported that Jensen had an affair with a direct report (VP of Healthcare).
Then a few short minutes ago it was reported that Jensen has resigned from Nvidia. Or did the board remove him? This fast paced story has legs so stay tuned in.
CFO Colette Kress Named Interim Boss at Nvidia
Nvidia recap
Jensen founded the company in 1993.
$600,000,000,000 wiped out from US stocks in 1 minute at open after Nvidia CEO Jensen resigned.
It's also been reported that Jensen Huang's son Spencer Huang has reportedly been targeted by Chinese spies.
Industry Outcry
Binance founder CZ says It's a "mistake" to have let Nvidia CEO resign
Elon Musk says it would be "an honor" to hire Nvidia's Jensen Huang
Tim Cook according to numerous sources is being considered as the next Nvidia CEO?
US Senator Warren says Nvidia still owes Congress an explanation despite CEO Jensen Huang's resignation.
Flip the script.
What IF Jensen knew this is circular AI-funding Bubble was at or near the top and wanted to get out?
US Rep. Ro Khanna sold Nvidia stock a month ago when rumors of Jensen's affair leaked out.
A serious question to ask yourself. Now, that Jensen has resigned can he unload his Stock more rapidly now not being encumbered by regulatory guardrails? Was this his plan all along? Take his cheese and go away?
Breaking News - US Justice Department launches investigation into Nvidia
following CEO Jensen Huang's resignation
Summary
How can one man control the AI Bubble? Did China run the histories best spy ring ever? Or was this a planned (dirty) exit? to bring about a bubble bursting event? Who can fill these shoes?
Credits - AI Circular Funding Image - Bloomberg = ALL RIGHTS REMAIN!