The Kobeissi Letter|Nov 15, 2026 16:17
BREAKING: US Treasury Secretary Bessent says Nvidia, NVDA, needs a "dramatic shakeup" after the Jensen Huang scandal.
Bessent says he wants to shift the focus from Huang’s personal "foibles" to the legal and national-security aspects.
"I want to keep coming back to what was the culture at Nvidia, and were they pressing these seemingly illicit sales to goose their revenues and their earnings?" Bessent said.
He then demands answers from the board "within the next 10 days."
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