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Bessent says Nvidia must look outside the company for Huang's replacement

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The brief

US Treasury Secretary Bessent has said Nvidia must "go outside the company" to find a successor to its former chief executive, Jensen Huang. The comments follow Huang's decision to step down after revelations of extramarital affairs, one of which involved a suspected Chinese spy.

The departure is notable given Nvidia's central role in the global artificial intelligence chip market and the personal nature of the reasons behind it. Bessent's remarks put the question of leadership succession at the centre of the discussion around the company's future.S1S2

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

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. H…

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Nvidia must ‘go outside the company’ to find Huang’s replacement, Bessent says

Former CEO stepped down after revelations of extramarital affairs, including one involving a suspected Chinese spy

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Bessent says Nvidia must look outside the company for Huang's replacement

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The brief

US Treasury Secretary Bessent has said Nvidia must "go outside the company" to find a successor to its former chief executive, Jensen Huang. The comments follow Huang's decision to step down after revelations of extramarital affairs, one of which involved a suspected Chinese spy.

The departure is notable given Nvidia's central role in the global artificial intelligence chip market and the personal nature of the reasons behind it. Bessent's remarks put the question of leadership succession at the centre of the discussion around the company's future.S1S2

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Sources · 2 citations

S1 Theglobeandmail 1 report · EN
S2 Investing 1 report · EN
BloombergLead 1 report · EN
Scmp 1 report · EN
Cnbc 1 report · EN