Nvidia investors urge board not to rush replacing Jensen Huang

what happened

Two prominent Nvidia investors have sent the board a letter urging it not to hurry in choosing a new leader to replace Jensen Huang and to leave his possible return on the table. TradingView reported the letter. The authors are Brad Gerstner, founder of Altimeter Capital, and Gavin Baker of Atreides Management. In their view, shareholders deserve a considered process while the company works through the uncertainty created by Huang's departure.

Gerstner posted the letter on X on Saturday, November 14, saying it set out the minimum standards the board owes shareholders. The investors noted that Nvidia could keep operating under interim CEO Colette Kress and her team while directors take time to assess the situation. The board would still be free to decide against Huang's return if it concluded that a comeback was not in shareholders' interests.

Calls for Huang's return are also growing. Elon Musk backed a petition seeking his reinstatement, and an internal employee suggestion-box post drew more than 1,600 comments, most of them supporting his return. The Financial Times reported that the board approached Arm Holdings CEO Rene Haas as a possible successor, though there is no confirmation that an offer was made.

why it matters

For markets, the key question is stability of leadership at one of the central companies in the AI chip sector. Prolonged uncertainty can add volatility to Nvidia shares, while clarity on a successor or on Huang's return could ease some of that tension.

market impact

Nvidia shares: leadership uncertainty weighs on the stock, while calls for Huang's return partly offset the pressure

• ↔Nvidia shares mixed — leadership uncertainty weighs, while calls for Huang's return support the stock

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