Nvidia shareholders urge board to consider Jensen Huang return
Two major Nvidia shareholders call on the board to keep all leadership options open, including the possible return of founder Jensen Huang. A petition to reinstate him has gathered about 130,000 signatures, including from Elon Musk.
Two major Nvidia shareholders have called on the company’s board of directors to consider all options for future leadership, including a possible return of founder Jensen Huang. The shareholders, who together held more than 10 million Nvidia shares worth US$2.13 billion (HK$16.7 billion) as of 30 June, posted a letter on social media on Friday.
The letter did not demand Huang’s immediate reinstatement but said the founder “deserves the right for a deliberate process that avoids any needless rush to replace him before all the facts are known”. The shareholders described Huang as the “long-time incredible leader of this extraordinary company”.
Huang stepped down from his role earlier this year. Since then, a group of Nvidia employees launched a petition urging the board to reinstate him and to guarantee an independent, fair investigation into the circumstances of his departure. The petition has attracted about 130,000 signatures to date, of which 6,500 are current employees — equivalent to 15 per cent of Nvidia’s total headcount.
SpaceX chief executive Elon Musk has also signed the petition. On social media, Musk said Huang oversaw Nvidia’s supply chain throughout his tenure, though many deals were “struck on handshakes instead of written contracts”. Musk warned that “some critical deals would be lost without him”.