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Nvidia’s board said Friday it is still selecting a search firm to help find a CEO and has not formally approached any candidates, calling speculation premature after the Financial Times reported the company had contacted Arm CEO Rene Haas about succeeding Jensen Huang. The board’s statement follows Huang’s departure and the interim leadership of CFO Colette Kress, and it pushes back on reports that a successor is already in talks. The clarification matters because Nvidia’s next CEO will inherit its AI chip franchise and set strategy across data center GPUs and Arm-based designs, while Haas’s name links the search to Arm, whose architecture underpins much of the chip industry. Investors should watch the board’s choice of search firm and any formal candidate outreach for signals on timing and whether Nvidia looks internally or to the broader semiconductor sector.

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Nvidia (NVDA), Rene Haas, Arm (ARM), Jensen Huang, Colette Kress

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