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Nvidia approached Arm CEO Haas to succeed Huang, FT reports

Nvidia’s board has approached British chipmaker Arm Holdings CEO Rene Haas in its search for a potential successor to Jensen Huang, the Financial Times reported on Friday, citing people familiar with the matter. Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging the chipmaker into crisis and sending shockwaves across…

Nvidia approached Arm CEO Haas to succeed Huang, FT reports

Nvidia's board has approached Arm Holdings CEO Rene Haas as a potential successor to Jensen Huang, following the latter's resignation amid extramarital affairs. Haas, who joined Nvidia in 2006 and became its vice president and general manager of computing products, took over as Arm CEO in 2022. Arm's shares dipped after the report of Haas' potential appointment.

Meanwhile, US Treasury Secretary Scott Bessent criticized the Commerce Department for not blacklisting Megaspeed, a Singapore-based company central to the Nvidia scandal, blaming Commerce for internal process failures. Bessent questioned Nvidia's role in the leak, urging accountability and a thorough investigation into whether the company sold to shell companies.

Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 3 other outlets

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