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After Jensen Huang's Resignation, Who Runs Nvidia? — episode cover art
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黄仁勋辞职以后,英伟达谁来管

After Jensen Huang's Resignation, Who Runs Nvidia?

About this story

Nvidia announced on 12 November 2026 that founder and chief executive Jensen Huang resigned and the finance chief is interim chief executive, and this episode looks at how it goes on. HSK 4 Chinese listening practice.

This is an HSK 4 Chinese listening episode that runs about 4 minutes. The full Mandarin script is shown with tap-for-pinyin and a line-by-line English translation, so you can listen and read at once — comprehensible input in the sense of Stephen Krashen's i+1 theory. It teaches 12 key vocabulary words such as 临时、报道、背景 and walks through 7 grammar patterns, each explained in English with examples. The same news story is retold at 4 difficulty levels — use the level selector above to find the version that is challenging but still understandable for you.

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原文

Read the complete story in Chinese. Reveal pinyin and English only when you need them.

Xinghe

一家公司,三十三年只有一个首席执行官,现在这个人走了。

Yue

黄仁勋。

Xinghe

对。
十一月十二号,英伟达宣布他辞职,总裁、首席执行官和董事会的职务,一起辞掉,

Yue

嗯。

Xinghe

马上生效。

Yue

公司说了原因吗?

Xinghe

公告里没写原因,有报道说,在他辞职前几天,有关他私人生活的一些报道,引起了争议。

Yue

嗯。
那现在是谁在带这家公司?

Xinghe

首席财务官。
她从二零一三年起就管英伟达的钱,现在做临时首席执行官,

Yue

哦。

Xinghe

首席财务官的工作,也还是她做。

Yue

一个人,两个位子。

Xinghe

对。

Yue

她是做财务的。
对芯片,她,她懂多少?

Xinghe

有报道说,她没有工程背景。
不过我觉得,临时的这个位子,要的不一定是会设计芯片的人,

Yue

嗯。

Xinghe

要的是能让大家,让大家先安下心来的人。

Yue

谁?

Xinghe

好几拨人。
先是供应商。
有报道说,跟供应商的关系,以前是他自己在管,

Yue

比如台积电。

Xinghe

对,英伟达设计芯片,台积电把它做出来。

Yue

是。

Xinghe

还有华盛顿。
有报道说,他自己去谈,希望对卖芯片给中国的限制,少一点。

Yue

嗯,这种事,靠的是人。

Xinghe

对,靠人。
还有投资。
有报道说,三年里,英伟达答应给年轻的人工智能公司七百多亿美元,很多交易,

Yue

靠他一句话。

Xinghe

嗯,报道是这么说的。

Yue

哦。

Xinghe

现在说话的人,换了。
所以这些公司,也在看。

Yue

可是我觉得,英伟达不缺钱。

Xinghe

是不缺。
有报道说,它手上的现金在一千亿美元左右,

Yue

嗯。

Xinghe

还有报道说,分析师预计,这个财年它的收入会在四千亿美元以上,差不多是去年的两倍。

Yue

那股价呢?

Xinghe

有报道说,消息出来以后,股价跌了五分之一左右。

Yue

五分之一。

Xinghe

是。

Yue

钱这么多,股价,股价还是跌了。

Xinghe

对,买股票的人,买的是以后。
以后由谁来带,董事会还在找。

Yue

哦。

Xinghe

而且它的位置,所有人都盯着。
有报道说,据估计,世界上大约三分之二的人工智能算力,也就是用来算东西的那些机器,用的都是它的芯片。

Yue

哦,三分之二的算力。
那别人想抢,也难。

Xinghe

别人一直在做。
AMD在追,谷歌、亚马逊这些大的云公司,

Yue

嗯。

Xinghe

也在设计自己的人工智能芯片。

Yue

所以这时候换人,

Xinghe

时间不好。

Yue

我不完全同意。
有钱,有生意,几个月的临时,我看撑得住。

Xinghe

嗯,钱撑得住。
我担心的是关系。
刚才说的那几拨人,供应商、华盛顿、那些年轻的公司,人一走,关系不一定跟着留下,新来的人,要从头一个一个去谈。

Yue

也是。
那董事会怎么说?

Xinghe

董事会这次,第一次设了董事长。

Yue

以前一直没有,

Xinghe

一直没有,公司成立到现在,第一次。

Yue

嗯。

Xinghe

这位董事长说,董事会对她和管理团队“完全有信心”。

Yue

哦,这句话,是说给供应商、投资人,还有华盛顿听的。

Xinghe

对,也是说给公司里的人听的。

Yue

新的首席执行官,从哪儿找?

Xinghe

公司里面和外面都找。
有报道说,董事会请了一家外面的公司,帮忙,帮忙找人。

Yue

嗯,那要等一段时间。

Xinghe

是。

Yue

等的这段时间,

Xinghe

就是她一个人,两份工作。
English transcript reference

A company had only one chief executive for 33 years, and now that person is gone.

Jensen Huang.

Right.

On November 12, Nvidia announced that he had resigned, giving up his roles as president, chief executive and on the board all at once,

Mm.

effective immediately.

Did the company give a reason?

The announcement didn't state a reason. It is reported that a few days before he resigned, some reports about his private life caused controversy.

Mm.

So who is leading the company now?

The chief financial officer.

She has managed Nvidia's money since 2013, and now she is the interim chief executive,

Oh.

She is still doing the chief financial officer's job too.

One person, two seats.

Right.

She's in finance.

How much does she, she know about chips?

It is reported that she has no engineering background.

But I think this interim seat doesn't necessarily need someone who can design chips,

Mm.

It needs someone who can get everyone, get everyone to settle down for now.

Who?

Several groups of people.

First, the suppliers.

It is reported that he used to handle the relationships with suppliers himself,

Like TSMC.

Right, Nvidia designs the chips and TSMC makes them.

Yes.

And Washington.

It is reported that he went and negotiated himself, hoping for fewer limits on selling chips to China.

Mm, things like that depend on people.

Right, on people.

And investments.

It is reported that over three years, Nvidia promised young AI companies more than $70 billion, and many deals,

rested on a word from him.

Mm, that's what the reports say.

Oh.

Now the person who speaks has changed.

So these companies are watching too.

But I think Nvidia isn't short of money.

It isn't.

It is reported that it has about $100 billion in cash on hand,

Mm.

Also, it is reported that analysts expect its revenue this financial year to be over $400 billion, almost twice last year's.

And the share price?

It is reported that after the news came out, the share price fell by about a fifth.

A fifth.

Yes.

So much money, and the share price, the share price still fell.

Right, people who buy shares are buying the future.

Who will lead it in the future, the board is still looking.

Oh.

And its position, everyone is watching it closely.

It is reported that, by estimates, about two-thirds of the world's AI computing power, meaning the machines used to do the computing, all runs on its chips.

Oh, two-thirds of the computing power.

Then it's hard for others to take it, even if they want to.

Others have been working on it all along.

AMD is chasing, and big cloud companies like Google and Amazon

Mm.

are also designing their own AI chips.

So changing people at a time like this,

is bad timing.

I don't completely agree.

There's money, there's business. A few months of interim, I think it can hold up.

Mm, the money can hold up.

What I worry about is the relationships.

The groups we just talked about, suppliers, Washington, those young companies, when a person leaves, the relationships don't necessarily stay. The new person has to talk to them one by one from the start.

True.

So what does the board say?

This time the board set up a board chair for the first time.

There was never one before,

Never, the first time since the company was founded.

Mm.

This board chair said the board has "full confidence" in her and the management team.

Oh, that line is meant for suppliers, investors and Washington to hear.

Right, and for the people inside the company to hear.

Where will they find the new chief executive?

They're looking both inside and outside the company.

It is reported that the board has hired an outside company to help, help find someone.

Mm, then it will take a while.

Yes.

During the wait,

it's her alone, with two jobs.

Listen again

Try it without the transcript and notice what sounds clearer.

What vocabulary does this episode teach?

词汇
línshíinterim, temporary

HSK 4. For a limited time until a permanent choice. Goes straight before a title: 临时首席执行官.

bàodàonews report; to report

HSK 3. 有报道说 marks what news outlets say, as opposed to what the company announced. It comes up again and again in this script.

bèijǐngbackground

HSK 4. 工程背景 means a background in engineering.

xiànzhìlimit; restriction

HSK 4. 对…的限制 means the limits placed on something.

tóuzīinvestment; to invest

HSK 4. Putting money into a company in the hope of a return.

dānxīnto worry

HSK 4. 担心 is followed by what the worry is about.

shǒuxí zhíxíngguānchief executive officer, CEO

Beyond the HSK 1 to 5 lists. 首席 means chief, 执行 to carry out, 官 officer. 临时首席执行官 is the interim CEO.

dǒngshìhuìboard of directors

Beyond the HSK 1 to 5 lists. The group that oversees the company and chooses its CEO. Here it is looking inside and outside for a new one.

cízhíto resign

HSK 5. To quit a post by your own decision. 辞掉 + post is the version with an object: 职务一起辞掉.

gōngyìngshāngsupplier

Beyond the HSK 1 to 5 lists. 供应 means to supply, 商 means trader or business. TSMC is the example in the script.

xīnpiànchip

Beyond the HSK 1 to 5 lists. A computer chip. 设计芯片 is to design chips; 卖芯片给 + country is to sell chips to it.

réngōng zhìnéngartificial intelligence, AI

Beyond the HSK 1 to 5 lists. Works as a modifier with no 的: 人工智能公司, 人工智能芯片, 人工智能算力.

* beyond level超纲词

What grammar patterns appear in this episode?

语法

有报道说,……

Introduces something reported by the news, so the speaker does not state it as their own fact.

有报道说,消息出来以后,股价跌了五分之一左右。

把 + Object + Verb + 出来

把 moves the object before the verb; 出来 shows the thing now exists as a result.

英伟达设计芯片,台积电把它做出来。

在 + Amount + 左右 / 以上

Gives a rough figure: 左右 means about, 以上 means more than.

它手上的现金在一千亿美元左右

这个财年它的收入会在四千亿美元以上

A,也就是 B

Explains a word in plainer terms, like that is to say.

也就是用来算东西的那些机器

不一定 + Verb

Not necessarily. Softens a prediction or says something may not happen.

人一走,关系不一定跟着留下

靠的是 + Noun

Says what something depends on, putting the weight on the noun at the end.

这种事,靠的是人。

是说给 + Somebody + 听的

Says who a remark is really meant for.

这句话,是说给供应商、投资人,还有华盛顿听的。

Proper nouns

专有名词
黄仁勋Huáng RénxūnJensen Huang英伟达YīngwěidáNvidia台积电TáijīdiànTSMC谷歌GǔgēGoogle亚马逊YàmǎxùnAmazonAMDAMD华盛顿HuáshèngdùnWashington中国ZhōngguóChina美国MěiguóUnited States

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