Politico assessed Huang's chances of taking a leadership position after being fired from Nvidia

Representatives of the technology industry admit the return of former CEO of Nvidia technology company Jensen Huang to business management after leaving the company amid the scandal. This was reported by the Politico newspaper on November 14, citing interlocutors in the industry.

Five newspaper sources expect the entrepreneur to pursue a career in technology companies. Three others expressed less confidence, but acknowledged that such a turn would not come as a surprise to them. Huang has already been supported by Anduril founder Palmer Lucky and Perplexity AI CEO Aravind Srinivas. Elon Musk also announced his willingness to offer him a job.

According to the head of one of the California startups, Huang's achievements in the development of artificial intelligence will keep him interested in cloud companies and new projects. Some of Politico's interlocutors stressed that after his retirement, the entrepreneur has a fortune of about $ 145 billion, influential connections and authority in the industry. Joseph Hefer, AI Director at Monument Advocacy, believes that losing his leadership position does not deprive Huang of the opportunity to influence the development of the industry.

Three sources believe that it will be easier for an entrepreneur to create his own company than to take up a post in an existing one. Scott Gerber, a partner at technology consulting firm Vrge, explained that the connection to the espionage scandal would make it difficult for Huang to be appointed head of a public company.

Restoring his position in Washington may be a more difficult task for Huang than returning to business, Politico notes. Previously, he advocated easing American restrictions on the supply of advanced chips to China, but now the US authorities are questioning his position. The head of the Institute of Security and Technology, Philip Reiner, admits a gradual restoration of the entrepreneur's business reputation, but considers it extremely difficult to regain trust in him on policy issues regarding Beijing.

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Earlier that day, American entrepreneur Elon Musk joined the collection of signatures for Huang's reinstatement as head of Nvidia. He clarified that he would consider it an honor to hire Huang to work for one of his companies. Prior to that, Nvidia's board of directors approached Arm CEO Rene Haas as part of the search for a successor for the company. Other external contenders for the post of Nvidia CEO include AMD CEO Lisa Su.

On November 7, Huang confessed to Nvidia's board of directors that he had an intimate relationship with a woman whom American intelligence suspected of gathering information in favor of Beijing. It turned out that the ex-CEO had more than one relationship. Shortly after, on November 8, Nvidia's board of directors initiated an independent investigation. Later, the head of the corporation resigned. At the same time, US President Donald Trump in a telephone conversation urged Huang not to give up and defend his position. Nvidia employees themselves also called for him to be returned to his position after his resignation.

Nvidia shareholders filed a class action lawsuit against the company and Huang on November 9, accusing them of hiding information about the entrepreneur's connections. Forbes magazine drew attention to the fact that Huang's fortune dropped by about $7.4 billion in just one day, to $154.7 billion. In addition, Nvidia shares fell by 5.5% amid an investigation into the circumstances of Huang's relationship with women.