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Nvidia eyes Arm Holdings CEO Rene Haas as successor to Jensen Huang

Nvidia is scouting Arm Holdings CEO Rene Haas as a potential replacement for co-founder Jensen Huang, who stepped down amid personal scandals. The leadership vacancy has created significant market uncertainty, impacting major tech companies listed on the Amsterdam stock exchange.

Nvidia has reportedly approached Rene Haas, the current CEO of chip designer Arm Holdings, to serve as the successor to Jensen Huang. Huang, a co-founder of the company, recently resigned as CEO following public revelations regarding several personal affairs, including allegations involving an individual suspected of being a Chinese spy. Haas previously worked at Nvidia for seven years and maintains close ties with both the board and the former chief executive, making him a strong candidate for the position.

In the interim, Nvidia's Chief Financial Officer Colette Kress has taken over as the acting head of the company. Other potential candidates mentioned by industry observers include Nvidia vice president Ian Buck, AMD CEO Lisa Su, and Apple hardware executive Johnny Srouji. Meanwhile, the leadership transition has triggered market volatility, causing a sharp decline in Nvidia's share price and dragging down other major technology firms on the Amsterdam stock exchange, including ASML, ASMI, and Besi.

Economy Business Technology Amsterdam Netherlands

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

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