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Bessent says Nvidia must ’go outside the company’ to find new CEO

Bessent says Nvidia must ’go outside the company’ to find new CEO

US Treasury Secretary Scott Bessent commented on Nvidia's search for a new CEO after founder and CEO Jensen Huang abruptly resigned. Bessent suggested that the company must look "outside the company" to find a replacement, claiming that the board should conduct a "dramatic shakeup" given the recent controversies. Huang's resignation followed revelations of extramarital affairs, including a potential link to a Chinese spy, which have put the chipmaker in a crisis.

Bessent emphasized that Nvidia's board and outside legal advisors must provide answers within ten days regarding the company's compliance with export restrictions. In its search for a new leader, the board has reportedly considered British chipmaker Arm Holdings CEO Rene Haas as a potential candidate.

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