By BigGo Finance
Publication Date: 2026-11-15 07:55:00
Two of Nvidia’s largest outside shareholders are urging the chipmaker’s board to slow down its search for a permanent chief executive and to leave open the possibility that founder Jensen Huang could return, adding a new front to a leadership crisis that has erased more than a quarter of the company’s market value in a month.
Brad Gerstner, chief executive of Altimeter Capital, and Gavin Baker, managing partner and chief investment officer of Atreides Management, made the request in a letter addressed to the board and posted publicly on X on Friday. Altimeter held roughly 9.4 million Nvidia shares worth nearly $1.9 billion as of June 30, the firm’s largest disclosed equity position, while Atreides held about 1.2 million shares valued at close to $250 million, according to the most recent filings with the Securities and Exchange Commission.
The letter argues that the board should conduct a “slow, measured, and deliberate process” rather than move quickly to name a successor, and states that such a process should keep every option on the table, “including the possibility of Jensen Huang’s return.” It stops short of demanding his immediate reinstatement, and acknowledges the board’s prerogative to conclude that a comeback would not serve shareholders.
“The Founder and long time incredible leader of this extraordinary company has earned the right for a deliberate process that avoids any needless rush to replace him before all the facts are known,” the letter states. The…
