BlockBeats news, November 16 - According to a report by the UK's Financial Times, former NVIDIA CEO Jensen Huang is discussing with close associates the possibility of returning to the company's management. Multiple Silicon Valley tech figures are pushing NVIDIA's board to reappoint Jensen Huang and plan to form a "war room" to garner support from tech industry executives and the White House.
Tesla and SpaceX CEO Elon Musk and Epic Games CEO Tim Sweeney have publicly supported an open letter calling on NVIDIA's board to "bring Jensen Huang back." Some NVIDIA employees have also publicly expressed support for Jensen Huang.
However, Jensen Huang's return still faces resistance. U.S. Treasury Secretary Scott Bessent on Sunday called for a "major leadership change" at NVIDIA. Meanwhile, NVIDIA's board is conducting an independent investigation into the conduct that triggered this management crisis, and the company is currently led by interim CEO Colette Kress.
Previously, Jensen Huang resigned after being exposed for having an extramarital affair with Alice Huang, a suspected spy who is also an executive at Singaporean chip company Megaspeed. The incident also raised questions about NVIDIA's compliance review mechanisms when selling AI chips to Asian customers.
In addition, NVIDIA's board had previously approached Arm CEO Rene Haas to explore his potential succession, but the board stated it has not yet initiated a formal selection process. NVIDIA's two major shareholders, Altimeter Capital founder Brad Gerstner and Atreides Management head Gavin Baker, previously co-signed a letter to the board urging that Jensen Huang's return be included in consideration.
