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Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
NVDANvidia(NVDA) CNBC·2024-12-05 13:00

The following is excerpted from the book "The Nvidia Way: Jensen Huang and the Making of a Tech Giant," written by Tae Kim, a senior technology writer at Barron's, and publishing Dec. 10 by W.W. Norton & Company. The excerpt is from a chapter about activist hedge fund Starboard Value, founded by Jeff Smith.Early in 2013, Nvidia's shareholders were getting restless. The stock price had been roughly flat for four years, and the financial performance was mixed. In its latest quarter ending in January, sales we ...