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via cnbc.comBusiness & Companies

Two major investors urge Nvidia's board to consider a potential return of Jensen Huang

FROM THE WIRE · CNBC.COM

Altimeter Capital's Brad Gerstner and Atreides Management's Gavin Baker asked Nvidia's board to conduct a slow, deliberate CEO search that leaves open the possibility of Jensen Huang's return. The firms disclosed about $2.13 billion of Nvidia stock combined as of June 30.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralPressure from investors holding about $2.13 billion of Nvidia stock on CEO succession is relevant for the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Altimeter Capital and Atreides Management asked the board for a slow, deliberate CEO search.
  2. 02The request leaves open the possibility of Jensen Huang's return.
  3. 03The two firms disclosed about $2.13 billion of Nvidia stock as of June 30.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.