Report: Jensen Huang resigns as Nvidia CEO amid -63% cash conversion, $47B CoreWeave debt
SumitGup · x · 2026-11-13
- Coastal Journal's AI Compute series (Part XV) makes an explosive claim: Jensen Huang has resigned as Nvidia CEO (dated Nov 2026 — an unconfirmed report).
- The author argues the real story is accounting, not a sex scandal: Nvidia's cash conversion has plunged to -63%, with customer concentration and a vendor-financed ecosystem likened to Enron-style financial engineering.
- CoreWeave looks worse: -$17.9B free cash flow burn and $46.9B in debt, prompting the question of whether the AI bubble is unraveling.
- The piece sits behind a paywall; the series previously flagged Oracle, OpenAI revenue misses and GPU depreciation traps. Strongly bearish framing — treat claims as unverified.
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