I think the point is that whether he did or didn't, there's so much smoke now, that Nvidia is going to be spending the next few years getting drilled by absolutely every law enforcement agency and government. Even if it genuinely turns out that nothing even slightly bad happened, it's quite damaging the amount of scrutiny Nvidia is going to be under for the foreseeable future.
replyEspecially after Democrats now control both House and Senate, that too by a wide margin.
replyIt’s not the infidelity part, it’s the undisclosed relationship with a subordinate part. That’s covered in HR training and is a fireable offense in every company I’ve been part of.
replyWhile it's a fireable offense, my experience with senior management has been that the company is more than happy to help cover it up for them... until they do a bad, and then it becomes a quick ticket to can them without having to admit the real reason for canning them.
replyThree things:
Selling GPUs and knowingly avoiding legal restrictions
replyA relationship with a foreign agent
An inappropriate relationship with a subordinate
Two of these potentially have serious legal consequences.
>That’s covered in HR training
replyOh sorry Jensen you broke one of the rules in the HR handbook we have to fire you now nothing we can do.
[delayed]
replyWas he the only one who knew?
replyThis.
replyIt makes absolutely no sense to fire him strictly for the relationships. So it's either deeper legal concerns or the board has other grievances and is using this as an excuse.
replyEveryone on that board will have had knowledge of GPUs going to China. Everyone on on THIS board has knowledge about GPUs going to China. Jeez.
replyI'm going to suggest that everyone or a lot of people on the board likely knew about the affairs as well. Jensen wasn't exactly hiding it.
replyThis is a CYA move by the board as all this is becoming public.
If the reporting is to be believed, they ended up selling around $7.5B to China through Singapore.
replyThey did ~$90B in revenue last quarter.
I sometimes can't imagine the avarice it takes to do things like this. Could you imagine having a $100 bill in your hand and going "Yea, I'll break the law and possibly destroy my life to steal $7.50"
The difference between 100 billion and 107.5 billion is a 7.5 BILLION dollars.
replyAnother way to put it is the difference between 75 MILLION and 7.5 BILLION is rounded to 7.4 BILLION.
The scale of numbers is huge and it is not just another 7.5 billion dollars.
They had some amount of plausible deniability until the "spy" story made the news then they didn't.
replySo, you think that crime is good? What's your point here?
replyYeah it’s great.
replyIt'd be so funny if he started actually sharing knowledge to China out of spite after all these. I know he is way too rich to do that, but one can dream.
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