Updated
Updated · CNBC · Nov 12
Musk Offers Jensen Huang a Job as Nvidia Weighs Ouster and Shares Drop 8%
Updated
Updated · CNBC · Nov 12

Musk Offers Jensen Huang a Job as Nvidia Weighs Ouster and Shares Drop 8%

3 articles · Updated · CNBC · Nov 12

Summary

  • Musk said it would be “an honor” to hire Jensen Huang after a Zerohedge post urged him on X to bring in the embattled Nvidia chief.
  • The remark landed as the Wall Street Journal reported Nvidia’s board could meet as soon as Wednesday to discuss Huang’s future, pushing the stock down more than 8% in after-hours trading.
  • The pressure follows reports that Huang had an extramarital relationship with Alice Huang, an executive the New York Times said U.S. intelligence identified as recruited by China’s Ministry of State Security.
  • Washington scrutiny is widening: Sen. Kevin Cramer renewed his call for Huang to resign, joining Reps. Suhas Subramanyam and Don Bacon after Huang tried to project business as usual on his return.

Insights

How might Jensen Huang's potential exit over alleged foreign intelligence ties impact Nvidia's dominance in the global AI chip market?
Will unproven espionage claims and a cloud firm's explosive growth force the resignation of the tech industry's most critical AI visionary?