Duan Yongping responds to Huang Renxun's resignation: there will be no impact on Nvidia (NVDA.US) business in the short term

The Zhitong Finance App learned that on November 12, local time, global AI chip giant Nvidia (NVDA.US) issued a statement stating that Huang Renxun resigned as president, CEO, and board member, with immediate effect. Some netizens asked well-known investor Duan Yongping on social platforms. How much impact will Huang Renxun's resignation have on Nvidia? Duan Yongping responded that this was probably the final decision of the board of directors. There will be no impact on Nvidia's business in the short term; in a few years it will depend on whether they can find a good CEO. Hwang In-hoon is a person who works very hard. At the same time, he is also very farsighted about the future of AI. It is very difficult to find someone like this.

Judging the possibility of Huang Renxun's return, Duan Yongping believes that if there are still reasons for his resignation, he probably won't return to his job. However, there is a possibility that the company will invite Hwang In-hoon as an advisor, become a “shadow CEO,” retaining influence, but only no longer has the power to sign decisions. Duan Yongping said that there will be no conclusion until the hearing, and said, “My current opinion is that he probably won't come back, no matter what happens.”

In another response, Duan Yongping pointed out that Nvidia's business model requires a good management team; otherwise, it probably won't be that great after 3-5 years. However, AI has only just begun, and it is estimated that it will grow well in the next ten years.