Nvidia Board Reportedly Approached Arm CEO Haas

Nvidia’s board was reported to have approached Arm CEO Rene Haas about succeeding Jensen Huang, who resigned as Nvidia’s chief executive on Thursday. Nvidia later said it had not formally engaged with potential candidates and called discussion of a successor premature.

The reported approach appeared in a Financial Times report, as relayed in coverage of the story. The underlying report and its evidence were not included in the accounts reviewed. Nvidia’s board offered no confirmation of informal contact, and its statement addressed formal engagement. Whether the board approached Haas, and what Haas intends to do, remain unresolved.

Haas has led Arm since February 2022, after joining the chip designer in 2013. Before that, he spent seven years at Nvidia, where he was vice president and general manager of its computing products business. He led Arm through its 2023 initial public offering.

Arm’s annual report says the company is particularly dependent on its senior management team, including Haas. That dependence has drawn attention amid the succession report, although Arm and Haas have not commented on his plans in the reports reviewed. SoftBank Group owns about 86% of Arm and...