Nvidia investors rush to keep Jensen despite private disappointment
Investors are campaigning to prevent Huang from getting ousted from the CEO spot.
TL;DR
- Investors are publicly defending Nvidia CEO Jensen Huang after he admitted to an affair with a woman suspected of being a Chinese spy.
- Privately, investors are disappointed but advocate for Huang to remain CEO, citing his indispensability to Nvidia's AI dominance.
- An independent probe by Nvidia's board could increase pressure on Huang to step down.
- Huang has previously pushed to ease restrictions on advanced chip sales to China.
- Major investors like Bill Ackman and Gavin Baker have publicly expressed support for Huang.
- The timing is difficult due to recent tech stock declines and potential congressional scrutiny of tech executives.