Jensen Huang's Nvidia Scandal, EXPLAINED: Two Affairs, a Chinese Spy & CRUMBLING AI Chip Empire

Hot mics, hot takes. Jensen Huang has resigned from NVIDIA. This is the backbone of the US economy. This is the captain, the general in the war of AI against China. He has got two affairs going. Who knew that Jensen's Achilles heel was his Huang? I had no idea this man was Such a swordsman, the Chinese spy and the direct report. Two ladies. This is big news. Before we get to the details on all of that, the chief financial officer of NVIDIA, Colette Kress, is now the interim CEO. At 1230 in the morning, the board met overnight. The NVIDIA board, 10 very powerful people met overnight. And this woman right here, Colette Kress, Is the new general in this giant international AI war. She represents the United States. She's the new interim CEO of NVIDIA. This is the statement the company put out. NVIDIA's strength has always come from its people. And together with our leadership. I'm committed to building on the extraordinary foundation Jensen created over the last 33 years. There's never been a different CEO. He started in 1993 at NVIDIA when it was a gaming company, and he's been the CEO all the way through. We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI and execute on the opportunities ahead. Our focus remains on serving our customers, our partners, developers, and shareholders. Are they screwed, NVIDIA? And more importantly, are we. NVIDIA is central to the AI race. 90% market share on chips in the world. Dario Amodei, the CEO of Anthropic, just said cancer will be a relic of the past in a decade, thanks to AI. He's kind of an important person. The question, of course, I'm leading to is, with someone like that, does he get to skirt the rules? Do we have special rules for someone that important? Yeah, because Jensen is obviously central to NVIDIA and the U.S. economy in a way that other CEOs just are not. The interesting part is he's the visionary, he's the product manager, he's the salesman, and he's the statesman. And the company is not set up for succession like Apple, Google, I assume Meta. Um, he's kind of the closest thing we have to Elon, like who runs SpaceX and Tesla and what happens to the stock if Elon Musk is gone. Um, and as for Elon, I mean, maybe we can expect an announcement anytime soon, but zero hedge posted on X Elon, please hire Jensen. Elon's reply. That would be an honor. Elon has expressed that the board needs to finish its investigation. Well, they did it very quickly before they moved to fire him. I would agree with that. But they moved very quickly. I guess the rules are the rules. But you got to ask, is he? Should he be above the regular governance laws that we all play by? And you're saying, hell no. I don't know. It's national security, right? And is this subordinate? The woman with whom he had an affair, Kimberly Powell, let's see the women right now. You saw the new CFO, I mean, the new CEO of the company. This is Kimberly Powell. Kimberly Powell was the direct report to Jensen Huang. She's been at the company since like 2008. She runs the healthcare division of NVIDIA. And she allegedly, according to the New York Times and their five sources and And the Wall Street Journal and their source was stooping. And of course, we know there's Alice Wong, who was a director of the company MegaSpeed, Singapore company. She was buying billions and billions of dollars of chips. And the U.S. government alleging that she was taking those chips and she was the middleman and she was pushing them to China. Of course, we have rules against selling China. Our varsity chips, our A-plus chips, we sell them our B-plus chips. are not so good ones, but that woman right there, wow, what a temptress. Of course. She and Jensen were having their thing. I wonder if the two ladies know about each other. Was there a crossover or is Jensen like in a, is he got bigger problems to deal with than losing his job as the head of NVIDIA? Like, you know, he's got incoming on both directions. You son of a bitch. I thought I was the only other woman. What's worse, the subordinate in the company or Right? I mean, you'd think the spy. Right. This is an America first. Do you care if he is, you know, shacking up with the head of health care? She looks like a pretty capable woman, a big girl, can make her own decisions in the investigation that never kind of completed or the short investigation that the board did. And what were her motives? Did she feel coerced? If so, fire him. Absolutely. If not, if she was just, you know, irrepressibly turned on by this intellectual giant, Jensen Huang, I don't know. But can you fire her? She's the subordinate. Does she also now get fired or does she now report to Colette Kress, the interim CEO? Does that send a new signal? If nothing happens to her, that, you know, shacking up with the boss is actually a great way to get, you know, to get back on top. I don't know. That would lead to a casting couch 2.0. So they've got to punish her in some way, I would think. Was she promoted because of, is she, you know, is she good at her job? Or was she there for, she looks very capable and smart to me. Regarding Alice Wong, the spy, alleged spy. Jensen says he had no idea that she was working for China. I mean, he's not that smart. On that front, we can all agree, I think, that two Huangs won't make a right. If they do, and this is the way we're going to fight this war, I say we send in Sydney Sweeney. We send in Sweeney over to, what's it called? Mooncake, the big moon bounce, the AI company in China that's the big dog over there. Take out their CEO. Scooter, you're doing this for America. Is this the way we're going to have to fight this thing? I haven't seen any dive into Kimberly Powell's life. The direct report, the head of health care. This is interesting. It's too big. That's not her. There she is. Remember when there was like that tech guy at the Coldplay concert? All of a sudden, Kristen Cabot, the woman was on the screen. They demolished her. He quietly went to New Hampshire and shacked up with his wife and nothing happens. The woman always gets dogged. But there's been no mention, really, and she's been dead quiet. And Nvidia has said nothing about her. I think the concerns are much bigger. Will it turn to her? Something tells me no. Something tells me the gossip mongers and the juicy, you know, the juicy scoops are going to be quiet on this one for some reason. Don't know. So who is this woman now that is the most powerful executive in AI in America, Who's powering the world's. AI, Colette Kress. I'll tell you what, she's probably the most accomplished graduate from the University of Arizona, the Harvard of the West, as they say. She graduated with a bachelor's degree in finance from Arizona, got her MBA at SMU. She ranks number two, excuse me, number 32 among America's richest self-made women. Her Nvidia stake is worth about $750 million. She's rich. Interesting. She was at Microsoft from 1997 to 2010, including four years as the CFO of the server and tools division. Her husband worked at Microsoft. I think he was an underling. She was more at a higher position there. Was he a direct report? That would be really fascinating. I don't think he was. I think they were in different divisions and I'm sure they did the right thing. And they went to the, you know, to the HR department and said, we would like to Let's check up. Can we do some paperwork to that effect? So, Kalshi is trading everywhere on this topic. It's like the biggest thing going on Kalshi right now. Traders give Colette. Cress, a 23% chance of becoming the permanent CEO. She's still an underdog, but I like the possibility myself. She regularly leads the earnings calls that NVIDIA does. It's not Jensen, it's her. And the next one is November 17th, next week. I'm thinking that, you know, they say that's going ahead as scheduled. And if she rocks that call and boosts the market, I mean, she's probably got the job. Right now, my $200 trade on Kalshi is going to pay out $825, meaning a profit of $625 before fees if she hangs on to the gig. Imagine what happens to her portfolio, which is currently worth $750 million. Kalshi is a prediction market where you can trade on real-world events, winning contracts settle at $1, losing contracts at $0. And here's the beauty of it all. I don't have to wait for the new CEO. If it doesn't feel right, I can dump out. Get out of the position early. Lock in a gain or a loss. Trade 25 with Code Hot Mics. Kalshi'll throw in another $25 instantly. Trade responsibly. Okay, here's the market I'm interested in. Does Jensen go back to his wife? Does he take off with Kimberly? Does he join forces with Alice? More importantly, does he join forces with Elon? There's the wife. There's the wife. Do you want him back? 40 years together. What do you think? Is he staying? Where is he going? I don't know. But I do hope, I'm going to guess, and I put $100 on it, that Jensen Huang goes to SpaceX and xAI shortly. That is going to be a big game. I wonder if they get into chip development and manufacturing as well.