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Nvidia approached Arm CEO Haas to succeed Huang, FT reports - Finance news and analysis from Global Banking & Finance Review
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Nvidia approached Arm CEO Haas to succeed Huang, FT reports

Published by Global Banking & Finance Review

Posted on November 13, 2026

1 min read

· Last updated: November 13, 2026

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Nvidia Considers Arm CEO Rene Haas to Succeed Jensen Huang After Resignation

Nvidia's Leadership Transition and Industry Impact

Board's Search for Successor

Nov 13 (Reuters) - Nvidia's board has approached Arm Holdings CEO Rene Haas in its search for a potential successor to Jensen Huang, the Financial Times reported on Friday, citing people familiar with the matter.

Jensen Huang's Resignation

Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging the chipmaker into crisis and sending shockwaves across an AI industry he helped bankroll.

Potential Candidates and Uncertainties

Haas is among several candidates being considered to succeed Huang and there is no guarantee he will be offered the job or accept it, FT reported.

Market and Industry Reactions

The British chipmaker declined to comment, while Nvidia did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.

Arm's US-listed shared pared losses after the report and were down more than 5%. Nvidia's shares were down over 3%.

Reporting Credits

(Reporting by Kanjyik Ghosh in Barcelona and Anhata Rooprai in Bengaluru; Editing by Arun Koyyur)

Key Takeaways

  • René Haas, current CEO of Arm and former Nvidia executive, is being considered among external candidates for Nvidia’s permanent CEO role (nacionale.com).
  • Jensen Huang resigned on November 12, 2026, following reports of multiple extramarital affairs, including one with an alleged Chinese spy, triggering a leadership crisis at Nvidia (fidelity.com).
  • Colette Kress, Nvidia’s Chief Financial Officer, has been appointed interim CEO while the board searches for a permanent successor (fidelity.com).

References

Frequently Asked Questions

Why did Jensen Huang step down as Nvidia CEO?
Jensen Huang stepped down after revelations of extramarital affairs, including one involving a suspected Chinese spy.
Who is being considered as the next Nvidia CEO?
Arm Holdings CEO Rene Haas is among the candidates being considered as a potential successor to Jensen Huang.
How did Nvidia's shares react to the news?
Nvidia's shares were down over 3% following the reports of Jensen Huang's resignation and the CEO search.
Has Rene Haas accepted the role of Nvidia CEO?
There is no guarantee that Rene Haas will be offered the role or will accept it as the search is ongoing.
What was the market reaction to the succession news for Arm and Nvidia?
Arm's shares pared losses but were down more than 5%, while Nvidia's shares fell over 3%.

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