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luc4sdreyer | 1 year ago
I know the word literally doesn't mean anything anymore, but Jenson and Lisa Su are first cousins once removed. Jensen's grandfather and Lisa's great-grandfather are the same person.
https://www.businessinsider.com/nvidia-jensen-huang-amd-lisa...
Their family tree according to Jean Wu, a former Taiwanese journalist : https://www.facebook.com/photo.php?fbid=350633737719840&set=...
benreesman|1 year ago
I don't know how their family works, but in mine and most people from my neighborhood, a first-cousin once-removed is fucking family, they're blood. Not being a securities lawyer myself I'm not sure which definition, statue, or regulation would apply here, [3] seems close (and has a creepy rush-job feel about it that smells vaguely like Kushner shit of one kind or another, Feb 2020 on an accelerated basis?).
But whether this squeaks above the line of regulations and laws and whatnot getting midnight "lgtm" stamps in an election year is, I'd argue, substantially missing the point.
When I recently said:
"Now did Lisa Su decide to "concentrate on the supercomputing market with the MI300XYZ" and Jensen decided to "concentrate on AI with Hopper" independently to a degree where the market is perfectly partitioned? Who knows, I certainly don't have proof one way or the other. But if someone made a call being like "I'm thinking of focusing on X but don't really see our differentiation in Y. How's Cathy?", it wouldn't be the fucking first time." [4]
I thought at the time I was kinda pushing it with how flip that sounded, but lo and behold, I was insufficiently cynical.
So when I say that I literally don't understand why anyone is defending this trivially dubious cartel behavior complete with a 55.58% Net Profit Margin in an ostensibly competitive market both directly and indirectly subsidized by the taxpayer (TSMC isn't going to fight off the PLA with their next process node) [5], I think Leona Lansing knows that the public will burn the building down with this shit in it before they let this shit get much ickier.
[1] https://www.youtube.com/watch?v=_1kETLlGn-8
[2] https://www.quora.com/What-is-the-difference-between-a-secon...
[3] https://www.winston.com/en/blogs-and-podcasts/capital-market...
[4] https://news.ycombinator.com/item?id=39362196
[5] https://www.businessinsider.com/nvidia-ai-chip-semiconductor...