Nvidia without Huang.
Huang's replacement was an unknown woman, Colette Kress. Yes, she started at Texas Instruments (eight years), then spent 13 years at Microsoft (including as CFO of the Servers and Tools division), held a senior financial position at Cisco (2010-2013), and since 2013 has been responsible for investor relations and financial strategy.
Heck, they don't even know anything about the semiconductor industry. They replaced an account manager with a legendary visionary, a combined scientist-engineer, talented entrepreneur and head of product launch.
What's left is not a skinned communications soloist, but the only person who possessed six key ingredients: an Asian supply chain, a ten-year planning horizon, an end-to-end engineering architecture (understanding all the complexities and nuances of integrating highly complex computing systems), a consolidator of the best planets for the planets of financial minds, and a modern AI architecture. With strong negotiating positions with politicians around the world.
It is worth removing just one element of such a structure, and the most perfect mechanism of modern times for generating cash flow (Nvidia is the world record holder for profit and margins) will inevitably begin to change its basis with erosion and unconditional deterioration.
Has anyone considered the shortage of GPUs and CPU chips, memory modules and components on the market? The first fault line runs far from California - in the semiconductor factories of Taiwan and South Korea.
Nvidia is technically a no-nonsense company with just $14.3 billion in hardware and a $320.3 billion balance sheet, but in fact, Huang has hand-crafted the most rigorous manufacturing vertical on the planet.
Huang's thirty-year alliance with TSMC founder Maurice Chang and corporate chief C.C.