The key facts

  • Financial Times: Huang discussed a return with trusted associates and supports his allies' efforts
  • Allies are forming a “war room” and plan to lobby for his reinstatement through the White House
  • Forbes previously reported that three businessmen connected to the corporation lost their billionaire status

The discussed comeback

Former Nvidia CEO Jensen Huang is considering a return to the post of the company's chief executive. This was reported by the British newspaper Financial Times, citing sources: according to them, the former chief executive discussed the matter with trusted associates. The outlet also notes that Huang himself supports his supporters' efforts to bring him back.

Pressure on the board of directors

According to Financial Times, Huang's allies in Silicon Valley are pressuring Nvidia's board of directors, demanding his reinstatement. One of them told the outlet that a “war room” of company executives is being formed in Silicon Valleythat plans to lobby for Huang's return, securing the White House's support.

The price of the scandal

The return is being discussed against the backdrop of a scandal surrounding Huang tied to a story about mistresses. As Forbes reported, it resulted in multimillion-dollar losses for businessmen connected to the corporation: three of them lost their billionaire status, and the biggest losses were suffered by Huang himself, who dropped out of the top 10 richest people in the world. According to the outlet, Commerce Secretary Howard Lutnick has also come under fire — because of the “espionage” element of the affair, he faces dismissal. Earlier, amid the scandal, Elon Musk assessed Huang's performance at the helm of Nvidia.

What remains unclear

All information about Huang's plans relies on anonymous Financial Times sources: neither the company, nor Huang himself, nor the White House provided public confirmation in the described publications. There is still no official decision by the board of directors on reinstating or not reinstating Huang — what is being discussed are lobbying efforts and talks, not a decision that has been made.