Elon Musk stated that it would be an honor to hire Nvidia’s CEO Jensen Huang, amid reports that the AI chipmaker is considering replacing its longtime chief following allegations of extramarital affairs and potential national‑security concerns.
Musk posted on X on Wednesday, replying to a Zerohedge article that read, “Elon, please hire Jensen,” with the comment, “That would be an honor.”
The discussion follows news that Nvidia is preparing to oust Huang after reports of extramarital relationships, according to The Wall Street Journal.
Huang acknowledged on Sunday that he had been unfaithful to his wife in a relationship with Alice Huang, a former executive at Singapore‑based technology firm Megaspeed, who U.S. authorities suspect may have ties to Chinese intelligence.
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Nvidia CEO Jensen Huang, who has ties to President Donald Trump, has become the latest billionaire linked to Republican circles and is now under scrutiny. (Artur Widak/NurPhoto / Getty Images)
Huang issued an apology in a statement released by Nvidia, pledging to cooperate with an independent investigation launched by the company’s board.
The New York Times reported on Wednesday that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of healthcare and a direct report to him.
Nvidia’s board previously stated it retained confidence in Jensen and his leadership team and had no reason to believe that company secrets or national security were compromised.
NVIDIA shares are being downgraded as the board investigates CEO Jensen Huang’s admitted affair.
Meanwhile, the controversy has impacted Nvidia’s standing among Wall Street analysts, with the company losing more than $427 billion in market capitalization during the first two trading sessions after Huang’s disclosure and the board’s investigation announcement.
Nvidia CEO Jensen Huang, who has ties to President Donald Trump, has become the latest billionaire linked to Republican circles and is now under scrutiny. (Artur Widak/NurPhoto / Getty Images)
Baird downgraded Nvidia shares to neutral, citing uncertainty about Huang’s tenure, weak demand and limited visibility into 2027 data‑center spending.
Morgan Stanley removed Nvidia from its Top Pick list while keeping an overweight rating, and Bank of America Global Research removed the stock from its U.S. 1 list.
Democratic senators demand NVIDIA records from the Trump administration over alleged Chinese spy ties.
China has rejected the espionage allegations, calling them a groundless accusation, slander and a smear.
Megaspeed said on Thursday that it had cooperated with inspections by the U.S. Commerce Department’s Bureau of Industry and Security and stands ready 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 on the company’s website.
The company remains under investigation in Singapore over suspected violations of domestic laws, according to Reuters. Singapore authorities confirmed last month that the investigation remains ongoing.
Huang co‑founded Nvidia in 1993 and has led the company since its inception, steering its growth into one of the world’s most valuable enterprises as demand for AI chips has surged.
Musk, in turn, heads Tesla and SpaceX and has expanded his own AI initiatives through xAI.
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