Jensen Huang is out at Nvidia. Elon Musk says hiring him would be ‘an honor’

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Nvidia named CFO Colette Kress interim CEO and gave it its first board chair. Huang leaves with a 3.6% stake, powerful defenders, and a hearing in Congress ahead.

Before Nvidia publicly announced Jensen Huang’s departure, Elon Musk said he wanted to hire him.

“That would be an honor,” Musk wrote on X Wednesday evening, responding to a post that read: “Elon please hire Jensen.” The exchange followed a Wall Street Journal report that Nvidia’s board was preparing to oust its cofounder, according to Reuters.

By Thursday morning, Nvidia announced that Huang had resigned as president, CEO, and a director, effective immediately. Chief Financial Officer Colette Kress will serve as interim CEO while the board searches for a permanent successor, and longtime director Harvey Jones becomes Nvidia’s first board chair.

The exit removes the cofounder who built Nvidia into the chipmaker at the center of the AI boom and No. 16 on the 2026 Fortune 500. Investors had already felt it: Nvidia lost $450 billion in market value in the days after Huang admitted to an affair, Fortune reported.

That affair was with Alice Huang, a former executive at Singapore-based Megaspeed, an Nvidia cloud partner. U.S. intelligence officials reportedly believe she was acting on behalf of Chinese intelligence, which Beijing denies. Huang publicly apologized for his infidelity on Sunday.

Nvidia’s board initially stood by him, saying on Sunday, “The Board has confidence in Jensen and his leadership team,” even as it announced an independent investigation. It said it had no reason to believe company secrets or national security had been compromised.

But on Wednesday, the New York Times reported that Huang had also had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of health care, who reported directly to him. The board reportedly met later that day to decide his future.

After the resignation was announced Thursday, Reuters reported that Huang had also had an intimate relationship with another Nvidia employee, citing two people familiar with the matter. Nvidia and Huang have not confirmed the report.

Musk’s five-word response did not specify a job…

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