Jensen Huang resigned immediately as Nvidia’s CEO, president and board member after 33 years; CFO Colette Kress was named interim CEO while the board searches for a permanent successor, and Nvidia gave no reason for his departure. His resignation followed reports of multiple extramarital relationships, including one involving a Nvidia executive, and scrutiny of alleged links between another partner and Chinese intelligence; those claims have not been publicly established, and Nvidia commissioned an independent investigation. Before the resignation was announced, Elon Musk said hiring Huang “would be an honor,” but no formal offer or negotiations have been reported. A letter reportedly signed by hundreds of Nvidia employees calls for Huang’s reinstatement and new independent directors, and says staff may consider joining Musk’s SpaceX Terafab project. Huang’s next steps and Nvidia’s direction remain uncertain.
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Center· 6 sources
“Elon Musk Says He Is ‘Signing’ Petition to Reinstate Jensen Huang as Nvidia Employees Rally Behind Former”Right· 8 sources
Trump backing Huang publicly might keep Nvidia from getting hit with extra restrictions on chip sales.
Huang staying home avoids turning the summit into another intelligence spat that no one needs right now.
Musk going with Trump could help smooth over some trade tensions given Tesla's big stake in China.
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