Nvidia approaches Arm Holdings CEO Haas to take over Jensen Huang's job, Elon Musk backs Huang's reinstatement

Nvidia's board has reached out to Arm Holdings CEO Rene Haas as a potential successor to Jensen Huang, following Huang's resignation due to a controversy surrounding alleged extramarital relationships. According to the Financial Times, Haas, who has led the British chipmaker since 2022, is among the names being considered by Nvidia's board as they explore leadership options.

Haas previously worked at Nvidia over a decade ago and is believed to maintain strong professional relationships with Huang and several board members. However, the company has stated that the succession process is still in its early stages and has not formally engaged with any candidates. Any speculation about individual candidates is considered premature by the board.

The announcement comes as several Nvidia employees have reportedly started a petition to reinstate Huang, with Elon Musk, CEO of SpaceX, backing the initiative on social media. Huang resigned after 33 years leading the company, with Nvidia CFO Colette Kress serving as interim CEO. The controversy over Huang's alleged relationships intensified following reports of another alleged affair with Nvidia's vice president of healthcare, Kimberly Powell, as well as an alleged relationship with Chinese businesswoman Alice Huang, who some US intelligence officials suspect of ties to Chinese intelligence services.