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Nvidia's board approached Arm Holdings CEO Rene Haas to succeed Jensen Huang on Thursday. Huang stepped down after revelations of extramarital affairs involving a suspected Chinese spy. Arm shares fell more than 5 per cent while Nvidia shares dropped over 3 per cent. Colette Kress serves as interim CEO.
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Summary by ByteBrief

Sources: Nvidia's board has approached Arm CEO Rene Haas in its search for a potential successor to Jensen Huang; Haas worked at Nvidia more than a decade ago (Michael Acton/Financial Times)

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