Nvidia Boss admits to affair with Chinese Spy
Discussion
So this is news I wasn’t expecting to see today!
https://www.bbc.co.uk/news/live/cm78p221e313t
AI bubble burst on the horizon?
https://www.bbc.co.uk/news/live/cm78p221e313t
AI bubble burst on the horizon?
Sway said:
Petrus1983 said:
Sway said:
Could be an 'interesting' day today once the US markets open?
It's been my biggest stock for more than a decade - today could be rather savage.Nvidia will be fine but will lose a handful of numpty clients who were in on the spiv or just run by muppets who were momentarily and erroneously thought to be geniuses.
A sensible clean out will negate much of the risk of a catastrophic meltdown.
DonkeyApple said:
Sway said:
Petrus1983 said:
Sway said:
Could be an 'interesting' day today once the US markets open?
It's been my biggest stock for more than a decade - today could be rather savage.Nvidia will be fine but will lose a handful of numpty clients who were in on the spiv or just run by muppets who were momentarily and erroneously thought to be geniuses.
A sensible clean out will negate much of the risk of a catastrophic meltdown.
Sway said:
Thanks. I suppose that's my question - is there a risk (well, I suppose there's always 'a risk') that something like this prompts a 'catastrophic meltdown' rather than allowing a semi orderly cleanup to happen over the next year or two?
The AI space will be absolutely jam packed with fraud. Most of the frauds will be disguised and buried via emergency mergers and incentivised acquisitions but some will come out via C11 events where the fraudsters fail to get a corporate action done. Nvidia pin to have much of the risk priced in in terms of what precisely is happening today. They have the hottest product in town and there are trade embargoes. That guarantees there will be bypass trades taking place place.
I guess the risk is that Nvidia is propping up a lot of its clients via off book loan deals so as the king of the market it might cause a panic but I think all we will probably see is a sell off due to exits and shorts before carrying on unless they t transpires entire IP has been being passed along etc.
As for the market, the cull has started and last week's sell off showed which companies had been marked for death or at least a proper kicking. So the next year or so will be cleaning out the dross. Maybe there will be some accidental scalps. They have all, afterall, got themselves into a bit of a pickle due to weiners trying to play like big boys.
trump ally Jensen Huang, Nvidias CEO, was sleeping with a Chinese spy feeding info to Beijing.
He persuaded trump to sell Nvidea chips to China, but not before trump of course profited from by buying millions in NVIDIA stock before he allowed it.
Some of the firms that the Nvidia chips went to appear to be front companies, and obvious national security risks , with empty offices, no staff...
https://www.nytimes.com/2026/11/08/technology/nvid...
At which point does this become treason? Asking for a potus
The Huang scandal, in brief:
He had an affair with someone suspected of being a Chinese spy
trump was warned in May
trump insisted on keeping Huang as a trusted AI advisor
Huang persuaded trump to let him sell his chips to China after $25M ballroom donation
Gift link: https://www.nytimes.com/2026/11/08/us/politics/rub...
Byker28i said:
trump ally Jensen Huang, Nvidias CEO, was sleeping with a Chinese spy feeding info to Beijing.
He persuaded trump to sell Nvidea chips to China, but not before trump of course profited from by buying millions in NVIDIA stock before he allowed it.
Some of the firms that the Nvidia chips went to appear to be front companies, and obvious national security risks , with empty offices, no staff...
https://www.nytimes.com/2026/11/08/technology/nvid...
At which point does this become treason? Asking for a potus
The Huang scandal, in brief:
He had an affair with someone suspected of being a Chinese spy
trump was warned in May
trump insisted on keeping Huang as a trusted AI advisor
Huang persuaded trump to let him sell his chips to China after $25M ballroom donation
Gift link: https://www.nytimes.com/2026/11/08/us/politics/rub...
you managed to get Trump in within the first two words. I am always impressed by your level of obsession He persuaded trump to sell Nvidea chips to China, but not before trump of course profited from by buying millions in NVIDIA stock before he allowed it.
Some of the firms that the Nvidia chips went to appear to be front companies, and obvious national security risks , with empty offices, no staff...
https://www.nytimes.com/2026/11/08/technology/nvid...
At which point does this become treason? Asking for a potus
The Huang scandal, in brief:
He had an affair with someone suspected of being a Chinese spy
trump was warned in May
trump insisted on keeping Huang as a trusted AI advisor
Huang persuaded trump to let him sell his chips to China after $25M ballroom donation
Gift link: https://www.nytimes.com/2026/11/08/us/politics/rub...

edited to add, bit of fun.
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