Arm CEO Rene Haas emerges as Nvidia successor candidate, shares fall 6.5%

jp.investing.com (Japanese) —

Arm Holdings shares fell 6.5% on Friday after reports that Nvidia's board approached Arm CEO Rene Haas as a potential successor to Jensen Huang, adding to semiconductor sector volatility. The Financial Times reported Haas is one of several candidates being considered, though no formal offer has been made and acceptance is not guaranteed. Haas has led Arm since 2022 and previously worked at Nvidia for over seven years. The news comes amid broader uncertainty following Huang's sudden departure, with the Philadelphia Semiconductor Index dropping about 5% and AMD and Broadcom also declining. Arm declined to comment, while Nvidia did not immediately respond.


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