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Arm Stock Took a Hit Because Investors Fear Nvidia Might Poach Its CEO. Is It Time to Sell?

Nvidia's board has reportedly approached Rene Haas about replacing Jensen Huang. So investors suddenly have to price in the risk of losing the leader behind its data center push.

  • Arm shares fell 5% to $189 after report of Nvidia approaching CEO Rene Haas.
  • Nvidia denied engaging with Haas, called speculation premature.
  • Arm remains optimistic about prospects, especially with new data center processor.

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