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Reactions to Nvidia's probe into CEO Jensen Huang

By Reuters News

Nov 9 (Reuters) - Nvidia's NVDA.O board is probing whether CEO Jensen Huang had been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.

Here's what people are saying:


DONALD TRUMP, US PRESIDENT:

"I have not spoken to him about it. I just know he's a fine person, but you never know what is going on. I hope everything's fine ... I think he's an honourable guy."


BILL ACKMAN, PERSHING SQUARE CEO:

"I am not suggesting he gets a free pass. If indeed this is more than an affair, then it is obviously a real problem. I like the guy. He has done a lot of good for the world and I hope the damage here is minimal. That is, I am hoping for a simple affair, not a risk to our national security."


MOHAMED A. EL-ERIAN, FORMER PIMCO CEO:

"While Nvidia has sought to reassure us all, there are several layers here, beginning with the unfortunate timing. For example: The company is systemically important for tech, markets and the economy; Investors tend to struggle to price in key-person and governance issues; and there are fluid national security and geopolitical dynamics."

JOSH GILBERT, LEAD ANALYST AT ETORO:

"This boardroom storm has landed at a brutal time for the AI trade, but Nvidia’s earnings on 17 November are the real next test. While the investigation is likely to dent sentiment, it won’t alter anything long-term unless it leads to a change at the top, at which point it becomes a completely different ball game."


CHRIS WESTON, HEAD OF RESEARCH, PEPPERSTONE:

"Will Huang get replaced? No, I don't think that's going to happen. I think given that he is like the godfather of AI and, you know, the OG of what has been the biggest investment thematic that we've seen in a generation, I mean, I think if we genuinely thought he was going to step down ... the stock would be down - it would be an absolute bloodbath, to be honest.

"If it is found out that she's confirmed as a spy, then, crikey, it doesn't go well."

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