Nvidia’s stock slid more than 4% after its board opened an investigation into Jensen Huang’s relationship with a suspected Chinese spy, and one securities law expert says the company’s earlier insistence that it was all “normal” could turn into a very expensive problem.
You are assuming that he answers to the same legal system as us, which is a fantasy. He’s one of the richest people in the world; only way he goes down is if he screws somebody richer than him.
The groups of rich investors taking hits from this are collectively richer than him. He doesn’t have to “go down” to placate them, but he’ll be “retiring to spend more time with family” very soon.
I doubt that, but we shall see!
What law(s) did he break? Maybe the SEC could eventually uncover some fuckery, but I’m not aware of anything yet.
@shalafi There are Federal regulations about sales of arms and related tech to foreign countries. This means the obvious things, like guns and fighter planes, but it can include lots of technology that is dual use. AI-related stuff is on the list and has been for decades. They can easily get him on violations if it can be proved he was involved in a transaction.