This is NOT going away: Technology investor breaks down Nvidia CEO’s exit

No, the bubble, if you want to call it that, that you could argue popped June 22 when the semiconductor index peaked. So we've been absorbing, Bret, a lot of bad news since then, mainly being the slowdown in data center buildouts. So to me, I view investing as you want to buy to the sound of cannons and sell to the sound of trumpets. When the news is at the worst — I'd argue this is as bad as it can get — you want to be looking at it, especially if it's cheap enough. The stock trades at 11 times its expected earnings to calendar 27. To put that in perspective, the S&P 500 trades at 18 times. A lot of the peers are at 20 to 30 times. So if I asked to buy your house at a dollar, Bret, I'm sure you'd tell me to get lost. If I'd offer to buy it at a billion, you'd sell it all day long. It's cheap enough where you go, the news is bad enough, the stock is cheap enough, it's not going away tomorrow.

He was the external face of the company in a very effective way. So it's not going to be easy to replace him. Having said that, there are 40,000 people there working hard. So I see this as a major bump. I don't see this as the end of the company in any shape or form.