Nvidia's board courts Arm's Rene Haas to replace Jensen Huang

Nvidia's board is seeking a successor to CEO Jensen Huang, who resigned Thursday, and has approached Arm Holdings chief Rene Haas about the role, according to the Financial Times. The move follows Huang's departure from his positions as CEO and chairman. Haas is among several candidates being considered, though no offer is guaranteed, sources told the FT. Huang, a co-founder with a 3.61% stake, resigned amid reports of his relationship with a Chinese businesswoman suspected of espionage, leaving the $4 trillion AI chipmaker in uncertainty. Huang's exit threatens to destabilize the AI ecosystem he helped finance and could impact US chip export policy, given his efforts to maintain Chinese market access and ties with President Donald Trump. Nvidia became the world's most valuable company under his leadership.