Cortez Journal · San Jose, CA
Nvidia CEO Jensen Huang resigned Thursday, capping a spectacular downfall for a poster boy of the artificial intelligence boom whose exit following reports of extramarital affairs now thrusts the chipmaker into an uncertain future. After a dizzying series of headlines about Huang’s infidelity and ties to an alleged Chinese spy, his departure sets off a scramble to find a permanent replacement to lead the multitrillion-dollar colossus that grew from obscurity to a perch between Apple and Microsoft at the top of the S&P index. The resignation sent shares of Nvidia plummeting 14% at the opening bell, before stabilizing. The stock closed down about 4% Thursday as investors pondered the lawsuits, investigations, likely corporate jockeying and the resilience of a market driven by the gains of a few tech giants.
AIStockWire · San Jose, CA
Key points US probes whether Alice Huang-linked entities helped smuggle Super Micro products The Manhattan US Attorney's Office is leading the Alice Huang inquiry Nvidia hired a former head of the office to investigate reporting about Jensen Huang The Justice Department is investigating whether entities linked to Alice Huang were involved in efforts to smuggle products made by Super Micro Computer (SMCI) to China, Bloomberg reported on Nov. 12. US officials suspect Alice Huang, a former Megaspeed executive, of spying for China, according to the report. Jensen Huang, who acknowledged an affair on Nov. 8, resigned as Nvidia's CEO the same day as the report. Super Micro shares were at $27.48 at 3:06 p.m. ET, down 9.7% from Wednesday's close of $30.43. The stock had opened about 11% lower, before the report was published.
San José Spotlight · San Jose, CA
Transportation officials overseeing the multibillion-dollar Silicon Valley BART extension are celebrating an early construction milestone in bringing the rapid transit service to downtown San Jose and Santa Clara. Workers in recent weeks completed excavating and reinforcing an 83-foot-deep hole on a former rail yard property nearby PayPal Park. The shaft will serve as the launch point for the massive boring machine that will drill out the 5-mile tunnel made to house the new BART tracks. The $12.7 billion public works project overseen by VTA will eventually add four new BART stations: three in San Jose and one in Santa Clara. In the works for more than a decade, the effort has faced delays, ballooning costs and a series of controversies, including pushback against its single tunnel design.
Metro Silicon Valley · San Jose, CA
The shock-rock pioneer brings his Alice’s Attic Tour to San Jose Civic, continuing a career built on hard-rock hooks and theatrics.
Metro Silicon Valley · San Jose, CA
A lost Tommy Walker finds himself lost in the universe. He struggles with being bullied, witnessing a murder, and dealing with abuse.
Metro Silicon Valley · San Jose, CA
Heartbreak rarely does much for the person experiencing it, but it has been remarkably good for soul music.
San José Spotlight · San Jose, CA
For a family in San Jose struggling to pay $3,000 a month in rent, the results of the Nov. 3 election probably won’t change much about next month’s bills. Neither will they shorten the commute of a worker traveling two hours each day because living near their job is simply too expensive. And for someone facing eviction, the promise of future housing construction offers little comfort when the rent is due tomorrow. Yet California voters delivered an important message last week. They are willing to invest in making their communities more affordable. The challenge now is turning that political support into something residents can actually experience. Consider the results. Proposition 1, authorizing more than $11 billion in housing bonds, passed with approximately 61% support. Voters also rejected Proposition 43, preserving the ability of citizen-led local tax measures to pass without a two-thirds supermajority.
