Altimeter and Atreides investors urge Nvidia board to weigh Huang's "potential return"
Brad Gerstner of Altimeter and Gavin Baker of Atreides, two investors holding a combined $2.13 billion in Nvidia stock, reportedly sent a letter asking Nvidia’s board of directors to weigh all options for the company’s future leadership, including what they describe as “the potential return of Jensen Huang.” CNBC’s Katie Tarasov reported the letter; the account, relayed by Techmeme, does not quote the letter in full or describe the reasoning behind the succession proposal. The report describes a shareholder request, not a board decision — no board response, formal proposal, or timeline has been disclosed, and no primary filing or copy of the letter was cited.
Background
Altimeter Capital is a technology-focused investment firm, and its CEO Brad Gerstner signed the letter along with Atreides Management’s Gavin Baker; the two report owning $2.13 billion in Nvidia stock. According to CNBC, Gerstner posted the letter on X rather than filing it, asking Nvidia’s board to pursue a “slow, measured, and deliberate process” regarding the company’s future leadership. Because the board rather than shareholders directly controls CEO succession, the letter is a request for a process, and its phrase “potential return” implies a leadership change has occurred or is contemplated, though the supplied report does not describe the circumstances.
