NVIDIA shareholders sent a letter to the board of directors, urging to retain the option for Jensen Huang's return

The well-known technology investment firm Altimeter Capital Management CEO Brad Gerstner and Atreides Management Managing Partner and Chief Investment Officer Gavin Baker have jointly written to the NVIDIA board of directors as shareholders.

Gerstner and Baker, representing their respective firms, stated that in light of Jensen Huang's extraordinary achievements in leading the company for a long time, as well as the significant uncertainty surrounding his potential departure, we believe that the board should adopt a slow, cautious, and thoughtful selection process for NVIDIA's future leadership candidates, keeping all options open (including the possibility of Jensen Huang returning to his position), which is in the best interest of all stakeholders, especially NVIDIA shareholders.

Currently, there are far more questions than answers regarding recent events. We believe the board should avoid hastily searching for a successor to Jensen Huang, as such an approach would undermine and deviate from the best interests of shareholders. During this transition period, the company will operate steadily under the capable leadership of Colette Kress and her team, and we have no doubt that the board has ample time to make the right decision.

If, after uncovering all the facts, the board believes that reinstating Jensen Huang as CEO is not in the best interest of shareholders, that is entirely within the board's purview. However, as the founder of this outstanding company and a long-time distinguished leader, he is fully entitled to a prudent evaluation process—avoiding any unnecessary hasty replacement until all facts are clarified.