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Elon Musk Backs Call to Bring Jensen Huang Back as Nvidia CEO
Musk's backing adds pressure to Nvidia's board as employees and external figures call for Huang's return following his resignation under investigation.
On November 12, Nvidia CEO Huang resigned after 33-year leadership following reports of multiple extramarital relationships, including one with Alice Huang, whom US authorities suspected of having links to Chinese intelligence services.
The company's board initiated an independent investigation on November 8 regarding Huang's conduct, as Nvidia shares fell 4.3% on November 12 and another 3% on Friday, extending a six-week losing streak.
Responding to Tesla Superintelligence engineer Yun-Ta Tsai, SpaceX CEO Elon Musk backed a petition to reinstate Huang, saying "A petition is underway to reinstate Jensen, and I'm signing it too." An internal employee suggestion platform attracted more than 1,600 comments.
Nvidia board approached Arm Holdings CEO Rene Haas as a potential successor, while Colette Kress is currently serving as interim CEO. The board will consider both internal and external candidates for a permanent replacement.
A Reuters report alleged on Friday that Huang had an intimate relationship with a second company employee, though Nvidia board stated it has no reason to believe US national security or company trade secrets were compromised.