PiCK

Summary

  • Some investors and Silicon Valley figures are trying to persuade Nvidia’s board to consider the return of former CEO Huang.
  • Altimeter Capital and Atreides Management cited the uncertainty caused by Huang’s departure and called for a careful successor selection.
  • The US Treasury secretary said Nvidia needs a sweeping management overhaul and an external hire for its next CEO, drawing attention to the company’s future leadership structure.

Forecast Trend Report by Period

Jensen Huang, who was ousted as Nvidia’s chief executive officer, is discussing a possible return to the company, Bloomberg reported on November 15, citing the Financial Times.

Huang has recently been discussing ways to return to Nvidia. Several allies in Silicon Valley are also said to be lobbying the board to bring him back.

Huang admitted to an extramarital relationship with a person suspected of ties to Chinese intelligence agencies, and he was also accused of having an inappropriate relationship with an Nvidia vice president. Nvidia’s board subsequently removed him as CEO.

Some investors have also said the board should keep open the possibility of Huang’s return. In a recent open letter to Nvidia’s board, Brad Gerstner of Altimeter Capital and Gavin Baker of Atreides Management cited Huang’s long-term management record and the uncertainty created by his departure, while urging a careful choice of his successor.

They argued that the board should also consider the possibility of Huang’s return as it reviews the company’s future leadership structure.

By contrast, some in the US government have called for a leadership shake-up. US Treasury Secretary Scott Bessent said in a Fox News interview on November 15 that Nvidia needs a sweeping management overhaul and should recruit its next CEO from outside the company.

Bessent’s remarks came amid repeated allegations that Nvidia helped Chinese companies purchase advanced artificial intelligence semiconductors. With Silicon Valley figures pushing for Huang’s return and the US government calling for changes in management, attention is focused on Nvidia’s future leadership structure.

Suehyeon Lee