Nvidia board urged to consider 'potential return of Jensen Huang' by two major investors

Two Nvidia investors holding approximately $2.13 billion in stock as of June 30 are calling for a deliberate leadership search following the resignation of CEO Jensen Huang, according to CNBC. Huang stepped down on Thursday following revelations of extramarital affairs, which Dawn Business reports plunged the chipmaker into crisis. Colette Kress has stepped up as interim CEO, according to Fortune.

Elon Musk stated on X that Nvidia would lose "critical" deals without Huang, noting that many supply chain arrangements were based on personal handshakes with the former executive. Musk praised Huang's ability to deliver on compute and components, adding that he would sign a petition to reinstate Huang. Dawn Business reports that pressure had mounted on the 63-year-old after reports surfaced regarding an affair with Alice Huang, an unrelated former executive.

Brief written by urgent.news from CNBC, Dawn Business, Fortune — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.