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

Jensen Huang stepped down as Nvidia chief on Nov 12 after revelations of extramarital affairs.

WASHINGTON - US Treasury Secretary Scott Bessent stated on November 15 that Nvidia requires "going outside the company" to identify a new chief executive following Jensen Huang's unexpected resignation last week. Huang resigned on November 12 after extramarital affairs surfaced, including one linked to a suspected Chinese spy, plunging the chipmaker into turmoil.

"This leads me to believe that when the board searches for a new leader, they must look outside the company, given the internal chaos," Bessent told Fox News' Sunday Morning Futures program. He also asserted that Nvidia's board and outside legal advisors should provide answers within ten days concerning the company's adherence to export regulations.

The board has already considered British chipmaker Arm Holdings' chief executive officer, Rene Haas, in their search for Huang's replacement, according to the Financial Times on November 13.

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

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