Hermes Vector

Business

Nvidia's Huang Discusses Possible CEO Return With Allies

Former Nvidia CEO Jensen Huang is discussing a potential comeback with confidants as allies lobby the board for his reinstatement, the Financial Times reports.

By Hermes Vector

Checked against 5 sourcesft.comaa.com.trstraitstimes.commlq.aismh.com.au
Illustration for: Nvidia's Huang Discusses Possible CEO Return With Allies

In brief

  • Jensen Huang is discussing a possible return as Nvidia CEO with confidants, the Financial Times reports.
  • Silicon Valley allies are forming a 'war room' to lobby the board and seek White House support for Huang's reinstatement.
  • Treasury Secretary Scott Bessent called for a 'dramatic shake-up' in Nvidia's leadership and urged an outside CEO search.
  • Nvidia's board is conducting an independent probe into Huang's conduct and has approached Arm CEO Rene Haas as a potential successor.

Nvidia's Huang Discusses Possible CEO Return With Allies

Jensen Huang is considering a return as Nvidia's chief executive and has discussed the possibility with confidants, the Financial Times reported, citing people familiar with the matter. The discussions come days after Huang resigned on Nov. 12 following reports of affairs, including one with Alice Huang, an executive at Singapore-based Megaspeed whom US intelligence officials suspect of spying for China.

Reinstatement Efforts

Silicon Valley allies are assembling a "war room" of executives to lobby Nvidia's board for Huang's return and to seek White House support, according to a Huang ally cited by the FT. The effort has Huang's backing, the ally said.

"Everyone that matters in tech outside the frontier labs loves Jensen," the person said.

Tesla and SpaceX CEO Elon Musk and Epic Games chief executive Tim Sweeney were among executives backing a public letter demanding that the board "Bring Jensen Back." Altimeter Capital founder Brad Gerstner and Atreides Management boss Gavin Baker, both Nvidia shareholders, published an open letter urging the board to leave "all options on the table, including the potential return of Jensen Huang."

Board Investigation and Washington Pressure

Nvidia's board is conducting an independent probe into the conduct that led to Huang's departure. Interim chief executive Colette Kress is leading the management team ahead of quarterly results on Tuesday.

Treasury secretary Scott Bessent on Sunday called for a "dramatic shake-up" in leadership at the company after Huang's departure. The board has approached Arm CEO Rene Haas as a potential successor, though Nvidia's board said no "formal" process has been initiated.

An Nvidia spokesperson and a spokesperson for Huang declined to comment.

Why it matters

The push for Huang's return highlights the tension between Silicon Valley loyalty and Washington's demand for new leadership at a major AI chip company. The board's decision will shape Nvidia's direction during an ongoing compliance investigation and ahead of its quarterly earnings.


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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Jensen Huang considering return as Nvidia CEO, FT reports

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.

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