“NVIDIA is a $4.5 trillion company, the second most valuable company in the world. Yet its most visible succession plan appears to be everyone just crossing their fingers and whispering under their breath, I hope Jensen's going to be fine. That's not a succession plan. That's a horoscope.”

…it changes the risks around all of that. It raises the chance of a leadership disruption. It raises the chance of tighter scrutiny of NVIDIA's China business. It raises the chance that customers decide to spread their purchases across more suppliers rather than being so exposed to one man's affairs. And it raises an awkward question about the company's succession and succession planning. NVIDIA is a $4.5 trillion company, the second most valuable company in the world. Yet its most visible succession plan appears to be everyone just crossing their fingers and whispering under their breath, I hope Jensen's going to be fine. That's not a succession plan. That's a horoscope. And NVIDIA's position, though, that makes the stakes here unusually large. Normally, you and I wouldn't care if a company did terrible succession planning. If some dopes running big companies make mistakes, that's on them. But this is different. This company is a bottleneck supplier to the AI build out. Microsoft, Amazon, Google, Meta, OpenAI, and thousands of other firms are building products…