Nvidia Investors Send Letter Calling for Jensen Huang's Return as Online Petition Gains Momentum

[Financial News] Two of Nvidia’s major shareholders have sent the board a letter calling for former CEO Jensen Huang to return.
Meanwhile, calls for his return are growing, with at least around 136,000 people participating in an online petition, including about 73,600 shareholders and more than 6,800 employees.
Elon Musk, CEO of Tesla and SpaceX, and many executives from major technology companies also joined the petition and expressed their support for him.
Brad Gerstner, CEO of Altimeter Capital, which owns about 9.41 million Nvidia shares (worth about 2 trillion won), and Gavin Baker, founder of Atreides Management, which holds about 1.25 million shares (worth 270 billion won), said on X (formerly Twitter) on the 14th (local time) that they had sent an official letter with these demands to Nvidia’s board.
In the letter, they said, “It is in the best interests of all stakeholders and shareholders for the board to put every option on the table, including the possibility of Jensen Huang’s return, and pursue a careful, slow and deliberative process.” They continued, “If, after all the facts have been established, the board decides that Jensen Huang’s return as CEO is not in shareholders’ best interests, that is the board’s prerogative.” However, they argued that the former CEO “deserves a careful process that avoids unnecessary haste in replacing him before all the facts are known.”
However, they did not call for the former CEO to be reinstated immediately.

As of 3 p.m. Korea time, 136,616 people had signed a petition called “Stand with Jensen,” which calls for Jensen Huang’s return. Of them, 6,822 are current Nvidia employees and 1,276 are former employees. The count also includes 73,618 shareholders and 54,904 other supporters.
Besides Musk, the petition was also signed by Amjad Masad, CEO of Replit; Tim Sweeney, CEO of Epic Games; Garry Tan, CEO of Y Combinator; and Aidan Gomez, co-founder of Cohere.
In an open letter to Nvidia’s board, the petition organizers argued that Huang should be reinstated as CEO until an independent investigation establishes the facts. They said he should return if the board cannot present clear evidence that his departure is in the company’s best interests.
Nvidia employees also wrote messages of support for former CEO Huang. Senior principal engineer Erwin Coumans said, “His leadership was one of the main reasons I joined,” and urged the board to “bring him back and treat him fairly, given his accomplishments and importance to the broader community.”

Patrick Liu, who introduced himself as a senior director of autonomous driving, said, “The physical AI industry was born from Jensen’s vision and has grown substantially,” and argued, “Without Jensen’s unwavering support, the autonomous driving and physical AI industries will suffer years of setbacks.”
WIRED, a U.S. technology publication, reported that posts were continuing to appear online claiming that 97% of Nvidia employees were angry over his sudden resignation and were circulating an internal petition calling for his return. Some documents reportedly criticized the board, saying, “By firing Jensen Huang, you have put our mission and the company at risk.”
WIRED reported that calls for Jensen Huang’s return among Nvidia employees began immediately after the Nvidia CEO resigned amid allegations of an affair and ties to a Chinese spy. This followed an employee’s post in the “Suggestion Box” calling for Huang’s return after his sudden resignation, which several others supported in the comments.
[email protected] Lee Seok-woo, international affairs correspondent Reporter