meowlamoon
Re:NVIDIA Announces CEO Transition
on Thursday November 12, 2026 @10:31AM (#50469056)
They have the legality, but this particular decision is still a betrayal.
Just look at the stock price plunge after he resigns, and I think this is structural in loss of company value instead of temporary sentiment.
He IS the company's value.
Re:NVIDIA Announces CEO Transition
on Thursday November 12, 2026 @09:23AM (#50467720)
The board, made of 10 members, only has 3.94% of Nvidia share in total, out of which 3.58% is owned by Huang. Meaning that the 9 people pushing him out add up to own 0.36% of Nvidia share, only 0.36%
This is betray of shareholder interest. They don't own Nvidia, this is not their business, they just want to finish as soon as possible, and you get a mad result.