Petition to reinstate Jensen Huang as Nvidia CEO garners 100,000 signatures

A petition to reinstate Jensen Huang as Nvidia’s chief executive has gathered more than 100,000 signatures, including roughly 50,000 shareholders, 5,000 current employees and a handful of high‑profile tech leaders. The drive was launched after the board announced a plan to replace Huang following a surprise earnings miss and a delay in the rollout of the next‑generation AI chip. Organizers say the petition is a direct response to what they call an “unjust” move that could destabilise the company’s rapid growth.

Nvidia’s market value sits above $1 trillion, and its GPUs power most of the world’s artificial‑intelligence workloads. The board’s decision came after the company reported a 12 percent revenue decline in the latest quarter, blaming supply‑chain bottlene‑cks and a slowdown in data‑center orders. Critics on Wall Street argued that the board needed a fresh strategy, while many insiders warned that removing Huang could undermine the firm’s technical edge and investor confidence. The timing also coincides with heightened regulatory scrutiny of AI hardware, adding pressure on the company’s leadership.

The petition lists several notable signatories, including former Microsoft CEO Satya Nadella, venture‑capitalist Marc Andreessen and former U.S. Secretary of Commerce Gina Raimondo. Shareholder groups such as the Institutional Shareholder Services have expressed support for a vote of no confidence in the board’s plan. Nvidia’s stock fell 4 percent on the news, erasing roughly $40 billion in market value. Employees who signed say they fear a loss of culture and momentum if the founder steps down.

The board is scheduled to meet next week to discuss the leadership change, and a special shareholder vote could be called if the petition gains enough formal backing. Activist investors have hinted they may file a proxy contest to keep Huang in place. Analysts say the outcome will signal how much power shareholders have over Silicon Valley’s biggest AI player and could shape Nvidia’s strategy for the next wave of AI hardware development.