Daily Alpha · X
· Premarket Alpha · by Buzzberg Research
Strong X voices split on Nvidia after Huang: Jukan warns neoclouds could turn to AMD or TPUs if support fades, while Jiahan Jim Liu says IREN, NBIS and CRWV need no more Nvidia funding.
Themes on this desk
Employee backlash
Per WIRED, an internal post urging the board to reinstate Jensen Huang drew more than 1,600 comments; separately, in a Blind poll of 232 Nvidia employees on November 9 and 10, 88% said Huang should stay.
After Huang
tengyanAI argues Nvidia's next 18 months are already built, bought and booked, with supply locked in by $279B of commitments, while Jukan doubts a professional CEO could make a bet like CUDA.
Ticker heat
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Top voices by smart followers and alpha score
Market Radar →Gavin Baker: Nvidia's board should have waited for its own investigation to finish
Baker says the board should have waited for its own investigation and that shareholders, employees and partners overwhelmingly support Jensen. He quotes David Sacks, who says the AG, CIA and DNI have not found clear and convincing evidence that Alice Huang was a Chinese spy.
Absolutely incredible. This is why the board should have waited for their own investigation to finish.
Baker challenges the timing of the board's decision and amplifies Sacks's challenge to the evidence.
Watch The outcome of the board's own investigation.
Source →Jukan: a new Nvidia CEO skeptical of neoclouds would hit spot prices and push neoclouds to AMD or TPUs
Jukan says Nvidia chips are still scarce, but maximizing that premium requires supporting the neoclouds. If the new CEO turns even slightly skeptical, spot prices and neocloud margins take a hit, neoclouds reach out to AMD or the TPU camp, and Nvidia's flywheel breaks.
Nvidia chips are still scarce, even now. But to maximize that premium, Nvidia has to support the neoclouds.
Jukan calls Nvidia's control of the supply chain, underpinned by massive order volume, its only moat.
Watch The new Nvidia CEO's stance on supporting neoclouds.
Source →The people have spoken.
In the largest large-scale poll of 22,965 respondents: 19,750 supported @JensenHuang remaining CEO of $NVDA, compared with just 1,840 opposing him. Among respondents expressing a position Jensen received a: - 91.5% support vs. 8.5% opposition ratio (10.8 to 1) The results stands in contrast to prominent media commentary calling for and celebrating his departure. Nvidia’s board should reconsider whether removing Jensen Huang was in the best interests of its shareholders and American leadership in AI Quoting @aleabitoreddit: Okay, let’s gauge individual investor and public sentiment independently. Should Jensen Huang remain CEO of $NVDA?
The people have spoken. In the largest large-scale poll of 22,965 respondents:Source →
damnang2: sources say Broadcom is well positioned to secure supply for 2027 and 2028
According to damnang2's sources, AVGO is already well positioned to secure supply for 2027 and 2028, and damnang2 does not expect the Nvidia developments to be negative for AVGO. The quoted Liwei post argues ASIC vendors could gain share if Huang's exit causes sourcing issues at Nvidia.
According to my sources, AVGO is already well positioned to secure supply for 2027 and 2028.
Bears on whether Broadcom could take share if customers shift spending toward ASIC platforms.
Watch Further assessment of how the Nvidia developments affect AVGO.
Source →Jiahan Jim Liu: IREN, NBIS and CRWV don't need more Nvidia funding
Liu argues the interim CEO is temporary, that IREN, NBIS and CRWV don't need any more Nvidia funding, and that neoclouds are more important to Nvidia than ever as hyperscalers ramp their ASICs. Liu says the neoclouds actually impacted are Nscale, Firmus and low-quality operators.
$IREN, $NBIS, $CRWV: Nvidia Temporary CEO Against Neoclouds? Sorting out the FUD.
Counters the fear that an interim CEO at odds with Huang would hurt the stronger neoclouds.
Watch Whether the interim CEO tries to become permanent; Liu says she won't last more than 6 months if she does.
Source →