NVIDIA Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer.
Well, that was fast.
Prices would get even worse, that’s the point.
You also shouldn’t assume that if Nvidia exits the consumer market that AMD/Intel would even try to fill the gap. The corporate world is very much trend following, and if Nvidia left entirely AMD/Intel are more likely to decide to follow Nvidia’s lead and also exit.
Prices are already bad and getting worse that I’m not buying. A thousand or few thousand more isn’t going to make a difference at this point.