Jensen Huang is considering a comeback as Nvidia's chief executive and has discussed returning with confidantes, the Financial Times reports, citing people familiar with the matter.
Jensen Huang is considering a comeback as Nvidia's chief executive, as allies in Silicon Valley pressure the company's board to reinstate him days after the tech executive resigned, the Financial Times reported.
Huang has discussed with confidantes the possibility of returning, according to multiple people familiar with the matter, the FT reported. An independent probe by Nvidia's board is investigating the conduct that led to a leadership crisis at the $4tn chip company.
One Huang ally told the FT they were putting together a "war room" of Silicon Valley executives to lobby for the former Nvidia chief's return and would try to garner support from the White House.
"Everyone that matters in tech outside the frontier labs loves Jensen," they said. The efforts had Huang's support, they added.
Huang, who lacked the controlling shareholding of other founder-CEOs and was therefore unable to over-rule any board decision, also faces a board and a management team now led by interim chief executive Colette Kress which is aiming to steady the company ahead of quarterly results on Tuesday.
The FT reported on Friday that Arm CEO Rene Haas has been approached by Nvidia's board as a potential successor. Nvidia's board said that no "formal" process has been initiated.
Altimeter Capital founder Brad Gerstner and Atreides Management boss Gavin Baker — who are Nvidia shareholders — published an open letter to the board on Friday urging them to leave "all options on the table, including the potential return of Jensen Huang."
The pair, both large investors in the company, cited "the extraordinary success of Jensen Huang's leadership over a long period of time and given the massive uncertainty associated with recent events surrounding his departure" as reasons for clemency.
An Nvidia spokesperson and a spokesperson for Huang declined to comment.
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
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Former Nvidia CEO Jensen Huang is discussing a potential comeback with confidants as allies lobby the board for his reinstatement, the Financial Times reports.
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Nvidia's board accepted Jensen Huang's resignation on Nov. 11. He keeps about 812 million shares worth roughly $132 billion, while allies lobby for his comeback.
