Jensen Huang has discussed returning as Nvidia (NVDA) CEO with confidents, BeInCrypto reported on November 15, citing the Financial Times. Three days had passed since his resignation. Chief financial officer Colette Kress remains in interim charge as the chipmaker prepares to announce earnings on November 17.

Jensen Huang Allies Lobby for a Nvidia Comeback

According to the Financial Times, several people close to the matter confirm the discussions are real. One Huang ally is assembling a “war room” of technology executives to lobby Nvidia’s board and the White House.

The board decides whether Huang returns. Since he never held a controlling stake, the campaign depends entirely on directors who must weigh their loyalty to the founder against the circumstances of his exit.

Read More: Colette Kress Takes Over as Nvidia Interim CEO After Huang’s Reported Exit

Technology Leaders and Washington Pull in Different Directions

Elon Musk and Epic Games CEO Tim Sweeney backed a public letter urging directors to “Bring Jensen Back.” Large shareholders Brad Gerstner of Altimeter and Gavin Baker of Atreides asked the board to keep “all options on the table,” including a return. Billionaire investor Leo KoGuan told Bloomberg he had stopped buying Nvidia shares. “No further investment without Jensen,” he said.

Treasury Secretary Scott Bessent took a different position on Sunday, calling for a “dramatic shake-up” in leadership. His intervention added Washington’s voice to a decision already drawing public pressure from Silicon Valley.

Nvidia Shares Closed at $166.19 on Huang’s Exit Day

Nvidia shares fell 4.34% to $166.19 on Thursday, the day Huang resigned. Intraday the decline had reached as much as 14%. Friday brought another dip, leaving the stock more than 30% below its October 6 record.

Bernstein cut its price target to $200 from $400. The reduced target and shareholder appeals put both the company’s valuation and its leadership choice in focus ahead of Tuesday’s results.

Huang’s Departure Followed Relationship Allegations

Huang left his president, CEO and board positions after 33 years, per Decrypt. Longtime director Harvey Jones became board chair as Kress took interim executive control.

On November 8, Huang apologized for being “unfaithful,” acknowledging a relationship with Alice Huang, an executive at Singapore-based Nvidia customer Megaspeed who is not related to him. Separate reporting alleged a relationship with a subordinate.

The board opened an independent investigation into whether Huang had been targeted by a foreign intelligence operation. It said it had no reason to believe company secrets or national security had been compromised.

Kress Faces November 17 Earnings as Leadership Debate Continues

Tuesday’s earnings announcement will be Kress’s first as interim CEO. The permanent leadership decision remains a central issue for shareholders pressing directors to consider Huang’s return.

According to the Financial Times, the board had approached Arm CEO Rene Haas as a possible successor. Nvidia said no “formal” process had begun and called speculation about individual candidates “premature.” The next scheduled milestone is the November 17 earnings release.

FAQ

Who is serving as Nvidia’s interim CEO?

Colette Kress, Nvidia’s chief financial officer, took on the interim CEO role following Huang’s Thursday departure. Harvey Jones separately assumed the board chair position.

Who has the authority to approve Huang’s return?

Nvidia’s directors decide whether to reinstate him. Huang lacks a controlling stake, so his supporters are directing their lobbying toward the board.

When will Nvidia report its next earnings?

Nvidia is scheduled to announce results on Tuesday, November 17, 2026. Kress will lead the company into that release in her interim capacity.

Which potential successor has the board reportedly approached?

The Financial Times identified Arm CEO Rene Haas as someone directors had approached. Haas previously worked at Nvidia and led Arm through its 2023 initial public offering.

What did Nvidia’s board say about possible compromises of company secrets or national security?

The board said it had no reason to believe either had been compromised. Its independent investigation concerns whether Huang was the target of a foreign intelligence operation.

This article is for information only and is not financial advice.

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