Nvidia approached Arm CEO Rene Haas to succeed Jensen Huang: report | Latest Tech News
Nvidia’s board has approached British chipmaker Arm Holdings CEO Rene Haas in its search for a potential successor to Jensen Huang, the Financial Times reported Friday, citing people acquainted with the matter.
Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging the chipmaker into disaster and sending shockwaves across an AI industry he helped bankroll.
Haas’ title has been making the rounds among analysts since Huang’s exit.
Arm CEO Rene Haas, heart, spent seven early life at Nvidia, rising to vice president and common supervisor of its computing merchandise business, before becoming a member of Arm in 2013. REUTERS
He spent seven early life at Nvidia, rising to vice president and common supervisor of its computing merchandise business, before becoming a member of Arm in 2013.
He is among a number of candidates being thought-about and there’s no guarantee he will likely be supplied the job or settle for it, the FT reported.
Nvidia’s finance chief Colette Kress is at the moment interim CEO.
Arm declined to remark, while Nvidia didn’t immediately reply to a GWN request for remark. GWN couldn’t independently confirm the report.
Haas grew to become Arm CEO in 2022, overseeing the company’s Nasdaq itemizing in 2023.
Arm designs processor architectures and licenses them to other firms that develop chip designs.
Haas grew to become Arm CEO in 2022. REUTERS
Historically its strength has been in cell phones and it’s increasing into computer systems.
Arm’s US-listed shares pared losses after the report and have been down more than 5%.
Nvidia’s shares have been down over 3%.
Some analysts anticipate the next CEO to break from Huang’s three-decade reign as the hands-on “chief conductor” who personally steered engineering roadmaps, geopolitical negotiations over China exports and large investments across the AI ecosystem.
Nvidia CEO Jensen Huang resigned on Thursday. REUTERS
A possible shift toward a more institutional management construction would come as Nvidia faces heightened regulatory scrutiny and growing consensus among US lawmakers to additional limit the company’s chip exports to China.
Insiders and tech titans in the working
Analysts view Kress as a regular financial authority, while veteran engineer Ian Buck is seen as a top candidate after main development of CUDA, the software program platform that powers Nvidia’s AI chips.
Apart from Haas, exterior names mentioned by analysts embody AMD chief Lisa Su, who has navigated the key China market, and Micron chief Sanjay Mehrotra, whose reminiscence chips energy Nvidia servers.
External names mentioned by analysts embody Sanjay Mehrotra, CEO of Micron Technology, whose reminiscence chips energy Nvidia servers. REUTERS
Other candidates cited by industry watchers embody Marvell head Matt Murphy and Apple {hardware} chief Johny Srouji, who oversaw the iPhone maker’s in-house silicon development.
Former Apple chief Tim Cook was floated by President Trump, as Nvidia’s board evaluates whether or not to prioritize financial continuity, deep technical experience, or expertise working a global tech heavyweight.
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