Nvidia’s board and ex-CEO Jensen Huang are a clown show — why the sorry spectacle likely isn’t over

Résumé détaillé

This whole sordid mess goes beyond their wayward CEO and his sex life, and it was one of their own making.

Nvidia’s board finally woke up on Thursday morning – and the brutal “Huangover” is likely to last for a while.

If you feel sorry for these clowns for their dyspepsia, you shouldn’t. Yes they are clowns. This whole sordid mess goes beyond their wayward CEO and his sex life, and it was one of their own making.

Recall: The chipmaker’s directors had spent the previous week insisting that there was nothing to see here – all business as usual, really – as the headlines multiplied about its CEO Jensen Huang’s affair with an alleged Chinese spy.

It’s spent the past year sidestepping questions about Huang’s wonky business dealings with the woman, the questionable firm she repped and how oddly this company pushed to sell its most advanced, national security sensitive chips to China, a foreign adversary.

But over the weekend, Huang admitted to his dalliance with Alice Huang as images of her raising a glass with him and rubbing the small of his back went viral. Then came the reports that it wasn’t just Alice, but also at least two underlings he’d been canoodling with. To make matters worse, questions have arisen about the way Nvidia reports on its business in Southeast Asia to investors.

Huang’s undoing was self-inflicted. It began with his affair with a woman who was not only an Nvidia vendor (a glaring conflict of interest) but also suspected to be thick with the Chinese government. He layered that with an official statement that denied the affair (a likely regulatory violation, securities lawyers tell me).

If all of this weren’t messy enough, it was happening while Huang was trying to do even more business with our chief global adversary, even as he served as a top AI adviser to the Trump administration.

Jensen Huang is a smart guy. He saw the AI revolution coming and seized the opportunity to create what was until recently the world’s most valuable company.

But along the way, as too few cared to notice, he was also incredibly reckless.

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