Bill Ackman, Elon Musk back Nvidia CEO Jensen Huang after affair with alleged Chinese spy
Bill Ackman and Elon Musk are among the powerful business leaders backing Nvidia CEO Jensen Huang amid revelations of his affair with an alleged Chinese spy – as investors hope the longtime exec will be able to survive the scandal. Nvidia – one of the world’s most valuable companies, worth more than $4 trillion – is a largely founder-driven business.Huang has been leading the firm for more than 30 years since he co-founded it and has become synonymous with the AI boom itself.Huang currently has 60 direct reports, no clear successor and a close relationship with President Trump – all of which have stakeholders hoping he’ll remain at the firm, even after he admitted to an affair with Alice Huang, no relation, an alleged Chinese government spy. Patrick Riccards, a crisis communications expert and former consultant for the Bill Clinton, George W.
Bush and Barack Obama administrations, told The Post that Nvidia execs are likely hoping to draw out their investigation as long as possible in hopes that the media and public move on to the next scandal.“He’s [Huang] demonstrated his ability to navigate what are very uncertain waters and that has made his board and everybody who owns a piece of this company very, very happy,” Riccards said.“If you get in there and you decide you’re going to replace him … that’s the sort of disruption that could kill a company and nobody wants to see that.” Pershing Square Capital Management CEO Ackman quickly came to Huang’s defense Sunday, after Huang admitted to marital infidelity and wrote an email apologizing to his family and colleagues. “An alert: @JensenHuang is human.
And he is an incredible human.Even incredible humans make mistakes.
He takes full responsibility as he should.We should all support him and his family.
Onward,” Ackman wrote in a post on X Sunday. “I am not suggesting he gets a free pass,” he clarified in a second post.“If indeed this is more than an affair, then it is an ...