bit_user To everyone who wondered "hey, what's the big deal?", I say: this might be just the beginning. Reply
bit_user coolitic said: The mosquitos are beginning to swarm I see We're talking about Wall St. There were lawsuits against Qualcomm, even when it was posting up solid numbers, simply because some investors thought it could do even better. Reply
TechieTwo Typical gold digging. Any excuse to sue means the lawyers get paid, win, lose or draw. It's a dirty Biz IMNHO. I don't know if other countries allow these lawsuits, but they don't seem right to me – and I have zero love for Nvidia / Huang. In the end consumers end up paying for all corporate settlements, right or wrong even if the companies did nothing improper. Reply
criticaloftom For any who don't want to google it; yes Jensen has a wife (Lori) and quite an established family. as much as the concerns are over CCP influence; it is a little bit despicable how a personal matter of infidelity (which is a matter for him & his wife), is news sensationalized as if men are somehow suddenly 'trash demons' to be shamed as once society did for women outside of wedlock. his personal affair is not 'tech' news. Reply
bit_user TechieTwo said: Typical gold digging. Any excuse to sue means the lawyers get paid, win, lose or draw. It's a dirty Biz IMNHO. I don't know if other countries allow these lawsuits, but they don't seem right to me A major plus side is that it helps keep companies honest and forthright in their disclosures. TechieTwo said: In the end consumers customers end up paying for all corporate settlements, With datacenter being over 90% of their revenue, I think you really can't say this will be funded by end consumers. And even for them, it's not necessarily true. If their pricing strategy is optimal, then they cannot pass on the most of costs to customers. Their profitability could take a hit, which could mean lower dividends being paid out to investors who haven't already sold their shares. It could also mean fewer or smaller share buybacks, which is another way they pass profits on to investors. TechieTwo said: right or wrong even if the companies did nothing improper. If they did nothing improper, then they should win the lawsuit. Sure, they probably won't recoup the legal fees of fighting it, but that's something you can think of as a cost-of-doing-business, for a publicly-traded company. Reply
alrighty_then Lawyers: "Let's get a piece of this guy before he ends our careers!" Reply
bit_user criticaloftom said: his personal affair is not 'tech' news. Yes, it very much is, unless you mean in the very most literal sense (which is a standard most of the news on this site also fails to meet). It's certainly tech industry news. Here's why it's not strictly a personal matter: The allegation of her being a Chinese asset opens up Jensen to criminal liability and exposes Nvidia to large penalties, if he's shown to have colluded with her. Evading trade sanctions is potentially a big deal. This could force Nvidia to replace him, which would have substantial implications for the company and investor confidence. Entering into an affair exposed himself to blackmail, which is the sort of thing he should avoid specifically because it gives anyone who knows about it leverage they can use to coerce him into making decisions that could go against the company's best interests. It shows poor judgement and self-control, which are both characteristics you want in someone with such an important and consequential job. If someone is willing to cheat on their spouse, you might wonder what other rules, laws, and norms they'd be willing to violate, potentially creating undue risk exposure for the company. I have no interest in anyone's personal life. I'm trying to look at this from strictly a practical and amoral standpoint. Reply
usertests criticaloftom said: it is a little bit despicable how a personal matter of infidelity (which is a matter for him & his wife), is news sensationalized as if men are somehow suddenly 'trash demons' to be shamed as once society did for women outside of wedlock. his personal affair is not 'tech' news. Nvidia is the largest company in the world, and he's running it. The company the woman is involved with, Megaspeed, is under investigation for smuggling in violation of export controls. So it's a criminal "affair" and a matter of national security. It's possible that Jensen violated company policy or even the law with favoritism towards Megaspeed, stemming from the "personal matter" of enjoying his side chick. This is a category 3 s-storm for Nvidia. Could get worse. Reply
hotaru251 Everybody wants a piece of Jensen these days. investors are ALWAYS after profit. If you see a fracture in what you are investing in? They sure as heck will try to take a part of it to double dip. and caused a subsequent loss of Nvidia's reputation. pretty sure only ones who care about its rep anymore are datacenters as they killed 90% of their rep with gamers when they gave em the finger Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/big-tech/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/big-tech/law-firm-files-class-action-lawsuit-against-nvidia-after-ceo-jensen-huang-confirms-affair-with-alleged-chinese-spy-more-to-come-as-multiple-other-law-firms-investigate-securities-fraud-following-stock-drop#main
- https://futureplc.com/privacy-policy/
- Spoof program monitors and emails your RAM usage to Sam Altman if under 90% utilization
- Vera Delivers the Best of Both Worlds: Highest Throughput and Fastest Agents
- Two Chinese companies cleared to buy banned Nvidia AI chips have empty offices and unknown addresses
- PC air duster motors power 21-inch DIY remote control plane at 130,000 RPM
- US intelligence believes Jensen Huang had affair with Chinese spy in honeypot operation
Informational only. No financial advice. Do your own research.