“It would be an honor”: Elon Musk says he is ready to hire Jensen Huang if Nvidia ejects him after the revelation of his affair with a Chinese spy
Elon Musk said he was ready to recruit Jensen Huang if Nvidia's board ousted him following revelations about two extramarital affairs. This governance crisis has caused Nvidia stock to plummet and could have…
Elon Musk said he was ready to hire Jensen Huang, the charismatic boss of Nvidia, if the latter were to be ousted by his board of directors after revelations about two extramarital affairs, including one with a woman considered by the American authorities to be a Chinese spy. In response to a tweet urging him to recruit Jensen Huang, the boss of SpaceX said: "It would be an honor", on his X platform. The two men have known each other for more than ten years and are among the leading figures in the race for artificial intelligence.
The board of directors of Nvidia, the world number 1 in chips for artificial intelligence (AI), is meeting on Wednesday evening, according to several American media, in order to decide on a possible ousting of its emblematic boss. The outcome of the meeting of the directors of the Santa Clara (California) group, the convening of which caused astonishment in Silicon Valley and beyond, was still unknown. Pressure mounted again Wednesday after the publication of a New York Times article revealing that Jensen Huang was involved in a second extramarital affair, this time with a subordinate, Nvidia vice president of health care Kimberly Powell.
In the United States, this may constitute grounds for dismissal. First beneficiary of the AI race At 63, American-Taiwanese Jensen Huang has led the company since its creation in 1993, making her the world's leading designer of chips used to train and run AI models. The group, the first beneficiary of this new gold rush, has reinvested several hundred billion dollars - in participations, loans or guarantees - in its own clients and in the entire ecosystem, which is closely following this soap opera with potential global repercussions.
He has no designated successor. His ouster would also deprive Donald Trump of a close informal advisor on AI. The latter had obtained authorization at the end of 2025 to sell its old high-end H200 chips to China, ceding 25% of the revenue to the State, despite the technological rivalry between Washington and Beijing which led to the ban on the export of state-of-the-art components.
Recognizable by his everlasting leather jacket, Jensen Huang is one of the most influential voices in the industry. He strongly defends so-called open, freely reusable and modifiable AI models, including Chinese ones, seeing in them healthy competition to the closed models of OpenAI (ChatGPT) or Anthropic (Claude). He fights any new regulation of technology, likely to hinder its dazzling progress, and opposes the slowdown in the development of AI advocated in September, for security reasons, by the boss of Anthropic, Dario Amodei, and by that of OpenAI, Sam Altman, as well as Elon Musk.
Plunge of the stock Nvidia stock, which has already lost a quarter of its value in a little over a month, fell by almost 8% on Wednesday in electronic trading after the session, after giving up its place as the 2nd largest capitalization in the world behind Apple on Tuesday, in favor of Microsoft. Above all, the stock has fallen 28% since the highs reached in early October. The Wall Street Journal first revealed that the board of directors of the American semiconductor giant was preparing to oust Mr.
Huang and to meet on Wednesday to decide on its future. According to the Semafor website, several administrators wish to entrust the interim to the financial director, Colette Kress. Bloomberg reports that an outside firm is helping the board identify replacements.
According to Nvidia's bylaws, a majority of the eleven directors is enough to remove Mr. Huang from his position as CEO, with or without cause. However, he would retain his seat as director, which only shareholders can withdraw from him.
Machine-translated from French
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- BFM Business12 Nov, 08:45
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