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Silicon Valley backs Nvidia CEO Jensen Huang after ouster report

Investors voiced support for Nvidia CEO Jensen Huang after a report said the company’s board was preparing to remove him. The account also cited a separate report alleging that Huang had an affair with a company executive, a claim which the its accompanying research did not corroborate.

Investor Jason Calacanis said Nvidia should complete its investigation and, if necessary, keep Huang as chairman. Gavin Baker later proposed putting the decision to shareholders after the investigation was complete.

Sequoia Capital partner Shaun Maguire said Huang was essential to the US lead in AI, and Elon Musk agreed. Bill Ackman urged support for Huang and his family, but said allegations beyond infidelity would be serious.

Nvidia supplies graphics processing units, or GPUs, used by OpenAI and Anthropic. One market report cited 85% GPU market share, not a specifically defined AI chip market share.

Separately, in April 2025, Nvidia said US export restrictions could trigger a charge of up to US$5.5 billion.

🔗 Source: Chosun Daily

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