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Sunday, November 15, 2026

US’ Bessent says Nvidia must ‘go outside the company’ to find new CEO after Jensen Huang

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US Treasury Secretary Scott Bessent on Sunday said Nvidia needs to “go outside the company” as it seeks a ‌new chief executive after Jensen Huang abruptly stepped down last week.

Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging ⁠the chipmaker into crisis.

“This makes me think ‌that as the board conducts a search for a new leader that ‌they need to go outside the company, ⁠that ⁠just [with] what was going on inside the company, ‌they need a dramatic shake-up,” Bessent told Fox News’ Sunday Morning Futures show.

Bessent ‌also ‌said Nvidia’s board and outside counsel ‌needed to answer, within the next 10 days, ⁠questions about the company’s culture of compliance with ⁠export restrictions.

Nvidia’s board has approached British chipmaker Arm Holdings’ CEO Rene Haas in ‌its search for ‌a potential replacement for Huang, the Financial Times said on Friday.

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