Major shareholders, including Altimeter and Atreides, send letter to board
Online petition draws 110,000 signatures; IT giants including Musk join

Calls are growing for Jensen Huang, the former Nvidia chief executive officer (CEO) who stepped down amid allegations of an affair, to return to the helm. After major investors urged the board to exercise caution, employees and shareholders also joined an online petition, stepping up the public campaign.

Jensen Huang and Alice Huang. Yonhap News Agency.

Jensen Huang and Alice Huang. Yonhap News Agency.

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On Nov. 14 (local time), Brad Gerstner, CEO of Altimeter Capital, and Gavin Baker, founder of Atreides Management, disclosed on social media platform X (formerly Twitter) that they had sent a formal letter to Nvidia's board. As of June 30, 2026, Altimeter Capital held more than 9.41 million Nvidia shares, worth about 2 trillion won, while Atreides Management held more than 1.25 million shares, worth about 270 billion won, making both major shareholders.


In the letter, the two investors cautioned against rushing to choose a successor before all the facts surrounding former CEO Huang had been established. They argued that the best outcome for shareholders and other stakeholders would come if the board considered all options, including the possibility of reinstating him, and took time to deliberate. They emphasized following a fair process rather than calling outright for his immediate return.


Support from within and beyond the market is also gaining momentum. More than 110,000 people have signed the online petition campaign "Stand with Jensen," including over 60,000 shareholders and more than 5,000 current and former employees. Global technology industry leaders have also added their names, including Elon Musk, CEO of Tesla and SpaceX; Tim Sweeney, CEO of Epic Games; Gary Tan, CEO of Y Combinator; and Aidan Gomez, co-founder of Cohere.



Appeals from Nvidia employees have also followed. Erwin Coumans, a senior principal engineer, said Huang's leadership was a decisive factor in his joining the company and called for fair treatment in light of Huang's contributions. Patrick Liu, a senior director of autonomous driving, warned that the physical artificial intelligence (AI) ecosystem had been built around Huang's vision and that a prolonged leadership vacuum could set the entire industry back by years. Researcher Wei Fang also urged employees to unite, citing the case of OpenAI employees who had previously helped bring about Sam Altman's return.


This content was produced with the assistance of AI translation services.

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