Nvidia CEO Jensen Huang resigns after reports of second affair deepened scandal(www.bbc.co.uk)
83 pointsby cognoboffinan hour ago11 comments
  • glimshe39 minutes ago
    He didn't resign because of two affairs. He resigned because there were a LOT more than two affairs. I'm sure they wouldn't stop coming after enemies and the press smelled blood in the water.
    • radicalbyte25 minutes ago
      ..and because American culture is really prudish about that.

      The French and Italians wouldn't blink an eye. Us Brits, we'd talk about it, he's get a slap on the wrist but wouldn't be sacked.

      It seems to be a uniquely American thing that the CEO can basically do anything (lie, cheat, fraud etc) just as long as he doesn't get caught with his pants down.

      • fuussssip23 minutes ago
        Prudish about affairs with spies? Or about affairs with people who, if they break off the relationship could lose their jobs (or if they continue it they could get promoted)?

        These aren't just affairs.

        Also, fraud remains to be seen, and shopping chips to China sure seems like questionable judgement.

        I think you are too narrowly focused.

        • deadbabe9 minutes ago
          When you engage in an affair with a superior you have more leverage than you think. Yes you could lose your job, but if you lose your job you have nothing left to lose and can fuck up their life if you have the right evidence.
      • giwooka few seconds ago
        Seems like a narrow-minded take.
      • fernandotakai14 minutes ago
        absolutely not true.

        he resigned because there's some proof that he knew that nvidia was selling cards/chips to china -- the affair only made that extremely public.

      • root_axis2 minutes ago
        You're wrong. Having sex with your employees is not just an American faux pas. Hopefully you're not a leader of a company.

        https://www.reuters.com/sustainability/boards-policy-regulat...

        https://www.cnbc.com/2018/02/06/lululemon-ceo-laurent-potdev...

        https://fortune.com/europe/2024/06/11/bp-managers-given-ulti...

      • ikety14 minutes ago
        Americans really don't care that much either. It's drama, but no one was shocked and appalled to the point of calling for his resignation.

        Now cheating on your wife with a FOREIGN SPY, yea that's a big deal no matter what the country.

        • mcmcmca few seconds ago
          [delayed]
      • KingOfCoders12 minutes ago
        The French would not blink with an eye about a spy spying on the top tech company of the country? The French intelligence would probably got her killed.
      • bl4ckm0r38 minutes ago
        in italy you'd get a promotion if you are married and manage to show you have been with multiple lovers without getting caught
      • throw93838306 minutes ago
        > American thing that the CEO can basically do anything

        American CEO would get meetoed. Any sort of sex (even consensual) is illegal, if you have no way to prove it! Lets way a few weeks...

    • giancarlostoro7 minutes ago
      The second one was a direct report to him, and I wouldnt be surprised if he granted her favors in exchange for the sex (whether it was "promised" or not) typically no executive 'survives' having an affair with a direct report and stays in the company.

      Who you have an affair with matters more, in this case a Chinese spy wasn't enough, which almost makes you think, he was not the only one at Nvidia who knew.

    • ceejayoz31 minutes ago
      Yeah, it's the treason-y bit that the affairs revealed.
      • radicalbyte23 minutes ago
        The "nVidia are selling chips to China" thing wasn't exactly a secret though. It was all over Twitter and the tech/investment communities I was in. And in the gamer communities (as we're pissed at how nVidia and the rest of tech have screwed us).
        • ceejayoz15 minutes ago
          What you know and what you can prove are not the same.

          What we can prove in the near future likely changed a bit when Congress went to the Dems a few days ago. Republicans weren't gonna make a scene about their $25M donation to the ballroom project.

        • stetrain16 minutes ago
          Lots of things exist as open secrets, but once they become official news reports with lots of coverage the need to address the issue increases.
        • jshier15 minutes ago
          It's not just that they were selling through China, but that they bribed their way through the Trump admin's efforts to investigate it. But even that was partly known, it's just everything is now coming up all at once, making it so obvious he had to take a fall.
        • johnnyanmac13 minutes ago
          The emporer was naked the whole time. Someone finally pointed it out. This is the fallout.

          Not particularly new situation in the recent US times. Far from the last time this will happen.

  • jakozaur20 minutes ago
    Jensen, even after decades, remained deeply involved in many operational decisions with 40+ direct reports. He had a long-term mindset, investing heavily in Tegra and CUDA in 2009-2010, even as he was plagued by write-offs from faulty chips.

    This is a terrible decision for NVIDIA and the broader economy. Jensen gets to retire with $100B+ and not deal with the crap.

  • geonic37 minutes ago
    I think he was forced out
  • teknologist44 minutes ago
    Could have just powered through it. I'm surprised he decided to resign.
    • mort9622 minutes ago
      I'm not sure he decided to resign. "X has decided to step down" is often PR speak for "X was forced to step down".
    • silverFork40 minutes ago
      He is at retirement age and a zillionaire. So he is going to start cashing as he is no longer required to report the sale of the stock. He is going to liquidate.
      • Yoric31 minutes ago
        Also, there are signs that the bubble is weakening. Probably a good time to leave that specific game.
        • silverFork27 minutes ago
          Pushing the sale of the chips into circular ecosystem was a sign that it was topping too.
      • teknologist29 minutes ago
        I know. But the legacy story looks pretty bad at this point. He's been running it for decades.
        • silverFork25 minutes ago
          Gates did it too and they still think he is a guru which he never was by the way; all of them are into this stuff when the hit their 50s feeling left out of the game while accumulating zillions.
      • dofm38 minutes ago
        Whether he can do that might be determined by any divorce proceedings, I guess.
        • ceejayoz31 minutes ago
          He's not going to be left with zero from the divorce proceedings.

          The criminal ones might, though.

  • ngl99920 minutes ago
    because of a spy?
  • NetOpWibby13 minutes ago
    Financially, this is probably the best thing that could’ve happened to him…even with the almost assured impending divorce. Wonder if he’s gonna start a new chip company.
  • wigster22 minutes ago
    that leather jacket was a givaway.
  • 42 minutes ago
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  • honeybadger112 minutes ago
    What a sham, the loss of aura is incalculable. A Coordinated effort by those who disagree with him.
  • modzu32 minutes ago
    god the bean counters are running the company now. queue amd
    • syngrog6626 minutes ago
      Jensen's other biz, but with a different outfit, possibly alternate days of the week