alt Hacker News> I think a lot of people here seem to underestimate how much of a CEO's job is perception.
What a load of crap. Elon Musk is deranged and nobody bats an eye. Zuck is proven to steal and sell data illegally for political gains in authoritative countries with Cambridge analytica and nobody cares. This guy has 2 affairs and is out.
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and with a normal board, those 2 guys would likely be out, but they have far more control over their own companies
I am sure lots can be said on this topic (what the hell was Jensen doing!); others will say it, but I want to add that expectation management and posturing is very important in this age.
Not sure why you're being downvoted. This shit is so commonplace and well-known regarding the elites and CEO's. It should've been priced in anyways.
My theory is the rest of the oligarchy was getting scared of NVIDIA's stranglehold on AI development and the broader economy and felt they needed to knock Huang and the company down a peg or two. Maybe install a bit of a crony CEO (a la Tim Apple).
Nobody bats an eye at Elon?
And Elon sleeps with every woman possible going so far as building a Texas compound for these women and children. If Musk were to sleep with a Chinese spy his excuse would simply be she was ovulating at the time.
Musk and Zuck both have far more voting power in their companies than Jensen Huang does in Nvidia. Zuck specifically has effectively unilateral control.
All of those issues with musk etc… are all “priced in”
Jensen was the sober boring AI leader everyone could count on
When perception of that changes then “the market” will re price
Nobody bats an eye? There is an enormous amount of Elon hate, probably more so than any other tech leader I have seen and I don't even live in the US.
Musk also has significant voting rights as opposed to Huang. Musk is also part of a company that does weird, wacky and wild things, Huang isn't.
Nvidia is seen as a massively stable company with a respected CEO. That's what has been eroded.