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Shareholder petitionFriday, November 13, 2026

BringJensenback.

Jensen Huang resigned as NVIDIA's CEO on Thursday. We are shareholders, and we believe the founder who built this company over 33 years should lead it again once the board's review is done. Our petition asks the board for three things.1 12

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To NVIDIA's Board of Directors. Takes about a minute.

A statement of shareholder opinion, not a proxy solicitation. We deliver the petition to the board with first name, last initial and city or state only.

You're on the list.

Thank you for standing with Jensen. The most useful thing you can do now is send this page to every NVDA holder you know.

  1. Finish the independent investigation quickly and share the findings with shareholders.
  2. Bring Jensen Huang back as CEO once it is complete.
  3. Consult shareholders before naming any permanent CEO.
Read the full letter
NVDA close, Thu Nov 12$166.19 (−4.34%)
Low that morning$148.80
Interim CEOColette Kress
Q3 resultsTue Nov 17, 1:20 p.m. PT
Time until resultsa few days

Nov 12 session figures, not live quotes.5 1

And if he doesn't come back? NVIDIA is still built to last.

We want Jensen back. We are also long term owners, and we don't think this company falls apart without him. That is our opinion. Here is what it rests on.

$108B

Q3 revenue outlook

About 12% above Q2's record $96.2 billion. The outlook assumes no China data center sales.2

On plan

The roadmap continues

NVIDIA says operations, customer commitments and the product roadmap continue as planned.1

Shipping

Vera Rubin is in full production

Racks are at CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud and Nebius.2

13 yrs

An experienced interim CEO

Colette Kress has been NVIDIA's CFO since September 2013, after nearly 25 years in finance at companies including Cisco and Microsoft.1

$26.0B

Returned to owners in one quarter

Buybacks and dividends in Q2, with $99.0 billion of buyback room left after the quarter.2

~12x

Forward earnings

The lowest valuation since 2012 according to Reuters, as reported by Forbes on Nov 13.14

Even a skeptical analyst, Gabelli's Ryuta Makino, sees NVIDIA's fundamentals holding through 2027 to 2028.3 We want Jensen leading it into 2029 and beyond.

Sign the petition

Our view, not a forecast or investment advice. The risks are laid out in For and against the stock, below.

The full letter

One page, three requests, addressed to NVIDIA's Board of Directors.

To the Board of Directors, NVIDIA CorporationFrom NVDA shareholders

Bring Jensen back

We, the undersigned shareholders, ask the Board to:

  1. Finish its independent investigation quickly and share its findings with shareholders.
  2. Bring Jensen Huang back as CEO once that investigation is complete.
  3. Keep his technical vision at the company in the meantime, and consult shareholders before naming any permanent CEO.

We believe the leader who built NVIDIA is the leader best suited to keep American AI ahead, to protect the national interest in AI leadership, and to serve the whole AI industry.

Signature of an NVDA shareholder

A statement of shareholder opinion. Not a proxy solicitation, and it does not ask for voting authority. Not affiliated with or endorsed by NVIDIA Corporation.

Why it matters to shareholders

Much of what we bought when we bought NVDA was Jensen's judgment. The market priced his absence in a single morning.

NVDA fell as much as 14.35% at Thursday's open. Wedbush's Dan Ives called Huang "irreplaceable."5 3

Why it matters for American AI

The AI race runs on NVIDIA's platform. We want the person who designed that strategy running it while competitors look for an opening.

Vera Rubin is in full production with racks at CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud and Nebius. AMD rose 5.86% the day he left.2 5

Why it matters for national security

The country is best served by getting the facts out quickly and keeping its most important AI company steady. That is why a fast, transparent review is our first request.

Huang agreed to testify before Congress and said he supports the board's independent investigation, calling himself "proud and grateful to be an American."10 3

Why it matters for the industry

Cloud providers, startups and researchers all build on the stack he pushed for decades. Stability at NVIDIA matters well beyond our own accounts.

Vera Rubin racks are going into the largest clouds, and NVIDIA has announced $500 billion in partner capital programs, still subject to final agreements.2

Jensen's record

Thirty three years, from a diner booth to the first $4 trillion company. Every line below is sourced.

  1. 1993San Jose

    Founds NVIDIA at a Denny's

    With Chris Malachowsky and Curtis Priem, to build a chip that made video game graphics faster.13

  2. 1999

    The GPU

    NVIDIA's invention of the graphics processor helps grow PC gaming, and later gives it an early lead in AI.13

  3. 2007

    CUDA

    A programming tool that opened NVIDIA's GPUs to general computing.15

  4. 2012

    AlexNet

    The landmark neural network is trained on NVIDIA chips.15

  5. 2024June

    World's most valuable company

    Passes Microsoft and Apple at a $3.34 trillion market value.15

  6. 2025July 9

    First company worth $4 trillion

    The first public company ever to cross that line.16

  7. FY26

    $215.9 billion in revenue

    His last full fiscal year as CEO, ended January 25, 2026.6

  8. 2026Aug 26

    "AI has reached its inflection point."

    His words with Q2 results: $96.2 billion in revenue, up 106%.2

  9. 2026Nov 12

    Resigns as CEO

    Eleven weeks later. Interim CEO Colette Kress takes over.1

33 yrsAs NVIDIA's leader12
3.58%His stake. One share, one vote, so other holders decide12
−14%NVDA at Thursday's open on the news5
$111MNet retail buying in the first 30 minutes, per Vanda Research14

Add your name.

It takes about a minute. Then send the link to every NVDA holder you know.

Sign the petition

What happened this week

For the first time, NVIDIA is run by someone other than its founder. The company says operations, customer commitments and the roadmap continue as planned.1

  1. Media reports about Huang's personal life put the stock under pressure. It fell 9.6% across Monday and Tuesday.4

  2. The board opened an internal investigation, according to Tom's Guide.3

  3. Facing a possible subpoena, Huang agreed to testify before the House Foreign Affairs Committee.10

  4. NVIDIA announced Huang's resignation. CFO Colette Kress became interim CEO, and Harvey C. Jones became the company's first Board Chair.1

  5. NVDA ended down 4.34% at $166.19 after falling as much as 14.35% early. AMD gained 5.86% and Broadcom 5.54%.5

  6. Q3 results Tuesday. A closed door hearing is expected by Thanksgiving. The board is considering internal and external CEO candidates.1 10

To be fair about the record. The board's investigation is still open, Huang has publicly apologized for an affair, and Congress has questions. We back him, and we want those questions settled properly. That is why the petition asks for the review first.1 3 10

Interim CEO, also CFO

Colette Kress

At NVIDIA since September 2013, after nearly 25 years in finance at companies including Cisco and Microsoft.1

Board Chair, a newly created role

Harvey C. Jones

Former CEO and Executive Chairman of Synopsys, with more than 30 years as an executive and investor.1

The business he leaves

The last reported quarter (Q2 of fiscal 2027, ended July 26) more than doubled revenue from a year earlier. The company expects about $108 billion in Q3, assuming no China data center sales.2

Q2 revenue$96.2BUp 106% from a year ago
Data center revenue$89.0BUp 117% from a year ago
Gross margin (GAAP)75.0%Q3 outlook 74.0%
Forward P/E, Nov 12~12xLowest since 2012, per Reuters14

Quarterly revenue in billions of dollars by fiscal quarter. The dashed bar is the company's outlook, not a result.2 6 7

Returned to holders in Q2$26.0BBuybacks and dividends2
Buyback room after Q2$99.0BForbes reports $150B more added in Sept14
Quarterly dividend$0.25Last paid Oct 12
Diluted EPS (GAAP)$2.46From $1.08 a year ago2

What it means for your shares

Put in your own numbers. The starting values are examples, and nothing you type leaves your browser.

The record close was Oct 6, 2026, per Forbes.14

Value of your shares$16,619
Gain or loss vs. what you paid+$4,619
Return on your cost+38.5%
Change from Thursday's close0.0%
Dividends per year at $0.25 a quarter$100

Before taxes and fees. A test price is a what if, not a forecast.

For and against the stock

We've taken a side on leadership. On the stock itself, here are both arguments as fairly as we can put them.

Analyst ratings on Oct 28, before the resignation: 48 Strong Buy, 3 Moderate Buy and 1 Strong Sell out of 52. Since then Baird, Stifel and Cantor have cut targets, and Bernstein and KeyBanc have downgraded.11 14

For

Sales are still growing fast

Revenue went from $81.6B in Q1 to $96.2B in Q2, and the outlook for Q3 is $108B.2 7

The product pipeline is already set

Vera Rubin is in full production, and the board says the roadmap continues without interruption.1 2

Lots of cash for shareholders

$26.0B returned in Q2, with buyback room left over.2

China isn't in the forecast

The Q3 outlook assumes no China data center sales, so approvals would be extra.2

Cheaper than it's been in years

About 12 times forward earnings, the lowest since 2012 according to Reuters.14

Against

Losing the founder is a real risk

Dan Ives said Huang's exit could mean a 25% to 30% drop in the stock.3

More scrutiny from Washington

Huang is set to testify to three House committees by Thanksgiving.10

China keeps slipping

About 600,000 H200 chips are waiting in Hong Kong, and NVIDIA took a $400M charge on unsold H200 stock.9

Competitors see an opening

AMD rose 5.86% and Broadcom 5.54% on Thursday while NVDA fell.5

Six straight down weeks

The stock was on track for a sixth weekly decline, with more than $1 trillion in value lost over the past month per Reuters.14

What NVIDIA is shipping

Performance numbers are NVIDIA's own claims, not independent tests.

Data center

Vera Rubin

In full production since GTC Taipei on May 31. NVIDIA claims 10 times the agent throughput of Grace Blackwell.8

Inference

Groq 3 LPX

A chip built to run AI models quickly once they are trained, which the industry calls inference. NVIDIA says it is in full production as part of the Vera Rubin platform.2

Financing

$500B in partner capital

Programs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, still subject to final agreements.2

PCs

RTX Spark

A Windows PC chip built with Microsoft. Edge computing revenue was $7.2B in Q2.2

Robotics

Cosmos 3 and GR00T

Robot models and a reference humanoid, plus self driving work with Foxconn, VinFast, Uber and HUMAIN.2

China

600,000 chips waiting

H200s sit in Hong Kong without Beijing's approval, per Reuters. The Q3 outlook assumes no China data center sales.9 2

Dates to know

Thu, Nov 12CEO transition announced1Done
Tue, Nov 17Q3 results about 1:20 p.m. PT, call 2:00 p.m. PT1Upcoming
By Nov 26Huang's closed door testimony, as reported10Reported
Not setBoard names a permanent CEO1Open

Watching Tuesday

Revenue between $105.8B and $110.2B?

That's the $108B outlook, plus or minus 2%.2

Gross margin near 74%?

Outlook 74.0%, plus or minus half a point.2

Adjusted EPS vs. $2.49?

Analyst consensus as of Oct 28.11

What Kress says about leadership

The board is weighing internal and external candidates.1

Bring Jensen back.

Shareholders own this company. Make sure the board hears from us.

Sign the petition

Sources

Every number on this page comes from one of these.

  1. NVIDIA Announces CEO Transition, NVIDIA via GlobeNewswire, Nov 12, 2026
  2. NVIDIA Announces Financial Results for Second Quarter Fiscal 2027, NVIDIA, Aug 26, 2026
  3. Nvidia CEO is out: live analysis, Tom's Guide, Nov 12, 2026
  4. Nvidia sheds nearly $500 billion in value as Jensen Huang resigns, CBS News, Nov 12, 2026
  5. Stock Market Today, November 12, 2026, Stock Titan; close also reported by CNBC
  6. NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2026, NVIDIA, Feb 25, 2026
  7. Nvidia posts record $81.6b quarterly revenue, The Daily Star, May 2026
  8. NVIDIA Vera Rubin Ramps Into Full Production, NVIDIA, May 31, 2026
  9. Nvidia H200 chips pile up in Hong Kong as Beijing holds back, The Next Web citing Reuters, Nov 6, 2026
  10. Ex NVIDIA CEO Jensen Huang is set to testify before Congress this month, Engadget, Nov 12, 2026
  11. What to Expect From NVIDIA's Next Quarterly Earnings Report, Barchart via Yahoo Finance, Oct 28, 2026
  12. Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, Fortune, Nov 12, 2026
  13. How Nvidia became an AI giant, Associated Press via ABC News
  14. Nvidia Stock Hits Its Lowest Valuation Since 2012 After Huang Resigns, Forbes, Nov 13, 2026
  15. Nvidia is now the most valuable company in the world, Fortune, Jun 20, 2024
  16. Nvidia crowned as first public company with a $4 trillion valuation, Associated Press via ABC7, Jul 9, 2025
  17. Contact Investor Relations, NVIDIA, accessed Nov 13, 2026
  18. Stockholder Communications with the Board of Directors, NVIDIA, accessed Nov 13, 2026

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