So the Board of NVIDIA (the world’s largest company) fired Jensen Huang. The founder, leader, visionary, driving force of the company, is ousted for a peccadillo.
99% of NVIDIA Employees do NOT agree with the Board’s decision.
It’s bad for NVIDIA. But may be good for Terafab, the world’s largest chip-making facility being built in Texas by a Tesla-SpaceX joint venture. Elon Musk has said “that would be an honour” to hire Jensen.
My quick comment: if they’d fired Jensen for his relationship with Alice Huang, at least there’s a national security issue at stake. But firing him for an in-house relationship is late-stage wokism.
The previous “Lead Independent Director” of NVIDIA (the top board position before the newly-created Chairman position ) was Stephen Neal, is also Chairman of Levi Strauss & Co.
Levi’s is the super-woke company that forced out the CEO-in-waiting Jennifer Sey, over issues related to education during Covid and “other cultural issues”. (She supported schools remaining open).
Jennifer wrote a book about her experiences “Levi’s Unbuttoned” (which I’ve read).
I don’t know if this — a woke Stephen Neal leading the NVIDIA Board— had anything to do with the decision to fire Jensen, but it is consistent with it.
ADDED: Of course there’s a conspiracy theory. That the Democrats knew of Jensen’s peccadilloes and only leaked them after the mid-terms so they would have something solid to persecute him for, and via him, Elon Musk and Trump. I don’t know that. But I won’t be the least surprised if it turns out to be true.
Report in this morning South China Morning Post:
Jensen Huang has resigned as president, chief executive officer and board member of the AI chip giant Nvidia with immediate effect, the firm announced on Thursday, amid media reports of his alleged extramarital affairs.
The company’s executive vice-president and chief financial officer, Colette Kress, will take over as Nvidia’s interim CEO, according to the statement, while continuing in both her current roles. Read on…