New Delhi, Nov. 14 -- Investors Altimeter Capital Management and Atreides Management have urged Nvidia's board to keep open the possibility of founder Jensen Huang returning as chief executive, calling for a slow and careful succession process following his sudden resignation.

In a letter addressed to the company's board, Altimeter CEO Brad Gerstner and Atreides Managing Partner and Chief Investment Officer Gavin Baker said the board should not rush to appoint a permanent successor before all the facts surrounding Huang's departure are known.

"Given the extraordinary success of Jensen Huang's leadership over a long period of time and given the massive uncertainty associated with recent events surrounding his departure, we believe it is ...