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Elon Musk said it would be an “honor” to hire Nvidia CEO Jensen Huang, as the artificial intelligence chipmaker reportedly prepares to replace its longtime leader amid reports of Huang’s extramarital affairs and potential national security concerns.
“That would be an honor,” Musk wrote Wednesday on X in response to a post from financial blog Zerohedge that read: “Elon please hire Jensen.”
The exchange comes as Nvidia is preparing to remove Huang following reports of extramarital relationships, according to reporting from The Wall Street Journal.
Huang acknowledged Sunday that he had been unfaithful to his wife in a relationship involving Alice Huang, a former executive at Singapore-based technology company Megaspeed, whom U.S. authorities suspect of having ties to Chinese intelligence.
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Huang apologized in a statement published by Nvidia and pledged to cooperate with an independent investigation launched by the company’s board.
The New York Times subsequently reported Wednesday that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of healthcare, who reports directly to him.
Nvidia’s board previously said it had “confidence in Jensen and his leadership team” and had no reason to believe company secrets or national security had been compromised.
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Meanwhile, the controversy has weighed on Nvidia’s standing with Wall Street analysts. The chipmaker lost more than $427 billion in market capitalization during the first two trading sessions following Huang’s disclosure and the announcement of the board investigation.
Baird downgraded Nvidia shares to neutral, citing uncertainty surrounding Huang’s tenure, potential softness in demand and limited visibility into 2027 data center spending.
Morgan Stanley removed Nvidia from its Top Pick list while maintaining an overweight rating, while Bank of America Global Research dropped the company from its U.S. 1 List.
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China has rejected the espionage allegations, calling them “a groundless accusation, slander and a smear.”
Megaspeed, meanwhile, said Thursday that it had cooperated with inspections by the U.S. Commerce Department’s Bureau of Industry and Security and was prepared to work with other U.S. authorities.
“Compliance is a fundamental priority for the company, and Megaspeed is committed to working constructively and transparently with the U.S. government,” Chairman and CEO James Tan Yong Pong said in a statement posted on the company’s website.
Megaspeed also said it had retained a U.S. law firm to conduct a comprehensive inventory of its graphics processing units and independently review its export-control compliance practices.
The company remains under investigation in Singapore over suspected violations of domestic laws, Reuters reported. Singapore authorities confirmed last month that the investigation was ongoing.
Huang co-founded Nvidia in 1993 and has led the company since its inception, overseeing its rise into one of the world’s most valuable businesses as demand for AI chips has surged.
Musk, meanwhile, leads Tesla and SpaceX and has expanded his own AI ambitions through xAI.
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FOX Business reached out separately to Nvidia and Megaspeed for comment.
FOX Business’ Brittany Miller and Reuters contributed to this report.
