Founders 100 ETF’s Cassidy urges Nvidia to consider bringing back Jensen Huang

A fund built around founder-led companies wants the chipmaker's board to rethink cutting ties with its co-founder after a scandal-driven exit

Nvidia lost its co-founder and chief executive this week. At least one investor would like the board to consider calling him back.

Lauren Cassidy, chief investment officer of the Founders 100 ETF, has called for Jensen Huang’s reinstatement. Her argument is that Huang’s leadership is central to the chipmaker’s value.

How Nvidia got here

Bloomberg reported that Huang was ousted after reports of three affairs. One allegedly involved a woman suspected of spying for China.

Research compiled on the episode places the resignation on November 12, 2026, effective immediately. Four days earlier, on November 8, Huang reportedly admitted to personal misconduct in a memo to employees.

Nvidia said on Thursday that Huang will no longer have ties with the company.

The woman at the center of the national security questions has been identified as Alice Huang. She previously worked for Megaspeed, a company that purchased billions in Nvidia chips and has been linked to national security concerns.

The board has opened an independent investigation, which is still ongoing. So far, it has reportedly found no evidence that national security was compromised.