Finance
Major Nvidia Shareholders Urge Board to Evaluate Potential Return of Jensen Huang
Major Nvidia investors Altimeter Capital and Atreides Management are calling on the company's board to consider the possible reinstatement of Jensen Huang following his resignation.
Two major Nvidia shareholders, Altimeter Capital and Atreides Management, have written an open letter to the board of directors urging them to take a slow and deliberate approach to leadership following the resignation of founder Jensen Huang on Thursday. Huang resigned amid multiple affair allegations, including one involving a suspected Chinese spy linked to an Nvidia customer currently under federal investigation. In his absence, interim CEO Colette Kress has taken leadership of the company. The letter from investors calls for a thoughtful process without any needless rush to replace Huang, though it does not explicitly demand his immediate reinstatement. Meanwhile, other figures like SpaceX CEO Elon Musk have voiced support for bringing Huang back, warning that critical deals could otherwise be lost.
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