Elon Musk has officially signed a petition calling for Jensen Huang to be reinstated as CEO of Nvidia $NVDA.
Nvidia is making huge waves with this. Jensen Huang officially stepped down as CEO on November 11, and the board asked CFO Colette Kress to take over for now while it looks for a successor. On the surface, the issue seems to be in his personal life—reports say it involves an extramarital affair, and one of the people involved is suspected of having ties to China. The FBI is also investigating. Huang himself also sent employees an apology letter.
But employees and shareholders aren't buying it. An open letter called “Stand with Jensen” has already garnered between 70,000 and 90,000 signatures, including current and former employees, shareholders, and plenty of big names in tech. The core message is simple: After 33 years of taking the company from a garage to a trillion-dollar valuation, at least give him an explanation. Complete the investigation before deciding his fate—don't make the decision first and explain it later.
Musk replied directly: “There's a petition going around to bring Jensen back, and I signed it.” He has also said that it would be an honor to have Jensen join him. This show of support has sent the story straight to the top of the trending topics.
The stock has already taken a hit. NVDA continued to fall this week, with a substantial drop so far in November and hundreds of billions of dollars wiped off its market value. The company is also set to report earnings this Tuesday (the 17th), and the market is watching to see whether Kress can steady the ship. The fundamentals are still there, and AI demand hasn't changed, but with the founder suddenly gone, the biggest uncertainty right now is whether orders secured through Huang's personal relationships across the supply chain might start to slip.
Some think this is a governance failure; others see it as political or business infighting. What do you think? Can Huang come back?
#英伟达正物色新CEO，谁会接替黄仁勋？
#加密美股齐跌，下轮反弹的驱动力在哪？
#比特币活跃供应盈利占比跌破45%
Nvidia is making huge waves with this. Jensen Huang officially stepped down as CEO on November 11, and the board asked CFO Colette Kress to take over for now while it looks for a successor. On the surface, the issue seems to be in his personal life—reports say it involves an extramarital affair, and one of the people involved is suspected of having ties to China. The FBI is also investigating. Huang himself also sent employees an apology letter.
But employees and shareholders aren't buying it. An open letter called “Stand with Jensen” has already garnered between 70,000 and 90,000 signatures, including current and former employees, shareholders, and plenty of big names in tech. The core message is simple: After 33 years of taking the company from a garage to a trillion-dollar valuation, at least give him an explanation. Complete the investigation before deciding his fate—don't make the decision first and explain it later.
Musk replied directly: “There's a petition going around to bring Jensen back, and I signed it.” He has also said that it would be an honor to have Jensen join him. This show of support has sent the story straight to the top of the trending topics.
The stock has already taken a hit. NVDA continued to fall this week, with a substantial drop so far in November and hundreds of billions of dollars wiped off its market value. The company is also set to report earnings this Tuesday (the 17th), and the market is watching to see whether Kress can steady the ship. The fundamentals are still there, and AI demand hasn't changed, but with the founder suddenly gone, the biggest uncertainty right now is whether orders secured through Huang's personal relationships across the supply chain might start to slip.
Some think this is a governance failure; others see it as political or business infighting. What do you think? Can Huang come back?
#英伟达正物色新CEO，谁会接替黄仁勋？
#加密美股齐跌，下轮反弹的驱动力在哪？
#比特币活跃供应盈利占比跌破45%
