Elon Musk and prominent tech executives are urging Nvidia's board to reinstate Jensen Huang after his resignation on November 12 over undisclosed personal relationships. Huang's departure followed disclosures regarding an affair with a subordinate and a relationship with an executive suspected by U.S. officials of spying for China. The executive change has jeopardized intricate handshake deals that secured chip allocations across the tech sector. Furthermore, Nvidia faces imminent political pressure as the Senate Banking Committee has called for Huang to testify under threat of subpoena.
Key points
Elon Musk warned that critical supply chain deals made via informal handshakes could unra…: Elon Musk warned that critical supply chain deals made via informal handshakes could unravel without Jensen Huang leading Nvidia.
The Senate Banking Committee has demanded testimony from both Jensen Huang and Commerce S…: The Senate Banking Committee has demanded testimony from both Jensen Huang and Commerce Secretary Howard Lutnick on December 3.
Nvidia holds significant private market exposure, including forty-eight billion dollars i…: Nvidia holds significant private market exposure, including forty-eight billion dollars invested across 229 companies such as SpaceX.
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Elon Musk has signed an open letter asking Nvidia’s board to reinstate Jensen Huang as CEO, and he has offered a reason the board may not have weighed yet. In a post on X, the Tesla and
SpaceX chief said Huang ran Nvidia’s supply chain “brilliantly,” but many of the deals he struck were “a handshake with Jensen, not a written contract.” Without Huang, Musk warned, “at least some of those critical deals will be lost.”
The campaign, called Stand with Jensen, crossed 115,000 signatures by Saturday. Its organisers, who say they have no link to Nvidia or Huang, want him brought back while an independent investigation establishes the facts. They argue the board removed him “without meaningful due process” after 33 years at the company he co-founded. Epic Games CEO Tim Sweeney, Replit CEO Amjad Masad and Y Combinator CEO Garry Tan are among the other tech names who have signed.
Huang, 63, resigned on November 12 after acknowledging a romantic relationship with Alice Huang, a former top executive at Singapore-based data centre firm Megaspeed whom US officials believe…
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Personnel records from the organization formally confirm that the departure of Alice Huang took place during August. This official statement establishes the specific timeframe regarding her exit from the business. Further details surrounding the transition have not been publicly disclosed beyond the confirmed departure timing.