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Musk called it an honor to have the opportunity to hire the head of Nvidia, who faces dismissal

In 2010, Oracle co-founder Larry Ellison hired the ousted CEO of HP

Albert Fahrutdinov

Albert Fahrutdinov

reporter Oninvest
The knowledge and experience of Nvidia CEO Jensen Huang are extremely valuable to Elon Musks companies / Photo: X/Nvidia

The knowledge and experience of Nvidia CEO Jensen Huang are extremely valuable to Elon Musk's companies / Photo: X/Nvidia

On November 12, SpaceX founder and Tesla CEO Elon Musk responded on the social media platform X to a call from the financial blog Zerohedge that read, “Elon, please hire Jensen”: “It would be an honor.” Jensen Huang, Nvidia’s long-time CEO, may lose his position: the company’s board of directors is preparing to remove him following reports of two extramarital affairs.

On November 8, Huang admitted to one of the affairs: it involved a relationship with Alice Huang, a top executive at one of Nvidia’s largest clients in Southeast Asia, who is suspected of working for the Chinese government. On the night of November 12, details also emerged about Huang’s relationship with Nvidia’s vice president of healthcare.

On November 11, Nvidia shares fell 8.6% in after-hours trading on the Nasdaq compared to the regular session’s closing price and dropped below their 52-week low. By 10:20 a.m. on November 12, Astana time, the decline on the Blue Ocean over-the-counter platform had narrowed to 7.7% ($160.4).

Huang has become one of the most influential figures in the artificial intelligence industry: the AI boom is largely driven by Nvidia chips. Musk’s companies actively use computing power for AI and purchase huge quantities of Nvidia graphics processing units, which is why Huang’s knowledge and experience are extremely valuable to them, notes Business Insider (BI).

Déjà Vu with Oracle

Musk’s response brings to mind another scandal in Silicon Valley, BI notes. In 2010, Mark Hurd, the CEO of computer manufacturer Hewlett-Packard, was investigated on suspicion of sexual harassment and inaccurate expense reports. HP’s board of directors found no evidence of harassment but forced Hurd to step down due to issues with those expense reports.

Oracle co-founder Larry Ellison publicly defended Hard at the time and, just a few weeks after Hard’s resignation from HP, appointed him as one of the two presidents of his company. Later, Hard, along with another top executive, took the helm at Oracle.

This article was AI-translated and verified by a human editor

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