Funds Demand Jensen Huang Be Returned to Lead Nvidia

In depth

Two funds that held Nvidia shares worth $2.13 billion at the end of June are asking the board to avoid appointing a permanent CEO before the facts are clarified. Brad Gerstner of Altimeter and Gavin Baker of Atreides are calling for a slow and careful search for a CEO, leaving room for Jensen Huang to return to his role.

Alongside the investors' calls, more than 55,000 people signed a petition to bring Huang back, and Elon Musk later joined it. More than 108,000 people have since signed the petition, including thousands identifying as company employees.

On Tuesday, Colette Kress presents the first report of her tenure as Nvidia's interim CEO.