Nvidia shareholders beg for Jensen’s return, as Elon Musk cautions ‘critical deals’ will be lost without him

Resumen detallado
Jensen Huang resigned as CEO of Nvidia after admitting to an affair with a suspected Chinese spy
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Membership today.
Nvidia shareholders have begged the AI chipmaker to bring back disgraced CEO Jensen Huang, as his fellow tech bro Elon Musk warns that “critical deals” will be lost without him.
Huang built Nvidia into a multi-trillion-dollar company before losing it all to a suspected Chinese spy. Huang resigned as the company’s chief executive Thursday after he admitted to an affair with a woman whom U.S. intelligence reportedly believed was spying for one of America’s biggest adversaries and a major competitor in the race to build out the most sophisticated AI technology.
Now, Huang’s supporters are speaking out with a petition that has garnered more than 100,000 signatures. The petition to reinstate Huang as CEO of Nvidia was shared on a website called standwithjesen.com, and included signatures from around 60,000 shareholders, 6,000 current Nvidia employees and 1,000 former employees as of Saturday afternoon, according to reports.
The website was not functioning as of Sunday morning, and it wasn’t immediately clear why it was down.
Musk, CEO of electric car company Tesla and rocket manufacturer SpaceX, was reportedly one of Huang’s supporters who signed the petition. He has been vocal about what he sees as Nvidia’s grim future without Huang at the helm.
“Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,” Musk wrote on X Saturday morning. “Without Jensen, at least some of those critical deals will be lost.”
Colette Kress, Nvidia’s executive vice president and chief financial officer, will serve as CEO until a permanent replacement is found.
“NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” Kress said in a press release announcing Huang’s departure.
Inicio del artículo, extracto de The Independent. Para leer el resto, abra el artículo en el sitio del medio.
MarketNews muestra el titular y el resumen publicados por el medio. El artículo completo se lee en el sitio del editor. (www.independent.co.uk)





