Reuters reported that Nvidia’s shares fell more than 8% in extended trading after reports emerged that the company was preparing to dismiss him. Jensen Huang has received public backing from Tim Sweeney. The Epic Games CEO urged Nvidia’s board to retain its chief executive amid reports that directors were considering his removal. His intervention follows Elon Musk ’s response to a suggestion that he would hire Huang if the Nvidia co-founder leaves the company. The interventions came as reports claimed that Nvidia’s board was meeting to decide whether to remove Huang following reports of two extramarital affairs. “Save Jensen. This would be an Apple firing Steve Jobs level of idiocy from NVIDIA’s board if they did that, and a grievous harm to the United States of America. The dude truly is the visionary driver of the future of tech from the gaming GPU era to CUDA to AI supercomputers ,” Sweeney wrote on X. His appeal centred on Huang’s role in guiding Nvidia from gaming graphics into artificial intelligence. Sweeney’s post linked Huang’s importance to several stages of Nvidia’s development: gaming graphics processors, its CUDA computing platform and systems used for AI. CUDA allows developers to use graphics chips for computing tasks beyond displaying images, including training AI models. By invoking Apple’s removal of Steve Jobs, Sweeney argued that dismissing Huang would damage both Nvidia and American technology leadership. His comments were an appeal to retain the chief executive, not an announcement of the board’s decision. Sweeney’s post is reproduced here. Nvidia did not immediately respond to Reuters’ request for comment on the meeting. That report did not disclose a final board decision.
The discussions followed the board’s earlier expression of confidence in Huang and its announcement of an independent review.