Re:NVIDIA Announces CEO Transition
by cogman10 on Friday November 13, 2026 @10:39AM
(#50485108)
IMO, it has everything to do with the midterms and Nvidia covering their ass.
The affairs are secondary to the illegal exports which could put Nvidia in a lot of hot water. The trump admin wasn't going to do anything about this, which has been made pretty clear, but now that Dems are going to have investigatory power and are likely to win in 2028, Nvidia is facing some potentially really serious legal liabilities.
Pushing out Jenson and blaming as much as possible on him is a way for Nvidia to try and shed their culpability (at least some of it). I think he's acting as a fall guy. I don't think that he was the only one involved in the illegal exports to China, he couldn't be. But framing it that way is convenient for the company.
You are seeing a lot of companies sing different tunes after the midterms (Alex Karp hilariously talking about how he's super woke and so is palantir now. Aetna splitting with CVS, for example) because I think they all realize they are at risk of congressional hearing and potentially follow up prosecution under the next dem admin. Or even additional regulation. Trump's admin was very lax in regulating businesses.
The affairs are secondary to the illegal exports which could put Nvidia in a lot of hot water. The trump admin wasn't going to do anything about this, which has been made pretty clear, but now that Dems are going to have investigatory power and are likely to win in 2028, Nvidia is facing some potentially really serious legal liabilities.
Pushing out Jenson and blaming as much as possible on him is a way for Nvidia to try and shed their culpability (at least some of it). I think he's acting as a fall guy. I don't think that he was the only one involved in the illegal exports to China, he couldn't be. But framing it that way is convenient for the company.
You are seeing a lot of companies sing different tunes after the midterms (Alex Karp hilariously talking about how he's super woke and so is palantir now. Aetna splitting with CVS, for example) because I think they all realize they are at risk of congressional hearing and potentially follow up prosecution under the next dem admin. Or even additional regulation. Trump's admin was very lax in regulating businesses.