Arm CEO René Haas joins “The Claman Countdown” to analyze the chipmaker’s record second-quarter revenue and growing demand from AI data centers.
Nvidia’s board of directors has contacted René Haas, CEO of British chipmaker Arm, in its search for Jensen Huang’s successor, according to a Financial Times report.
The outlet reported Friday that Haas, who has led Arm since 2022, worked for seven years at Nvidia more than a decade ago and has a “strong relationship” with Huang and some members of Nvidia’s board of directors.
“We’re not making any comment,” Arm told FOX Business when asked about the report.
Huang resigned Thursday after Nvidia’s board investigated his affair with a technology executive suspected of being a Chinese intelligence source. Huang also allegedly had extramarital affairs with two Nvidia employees.
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Jensen Huang, co-founder and former CEO of Nvidia. (Soeren Stache/photo alliance via Getty Images / Getty Images)
Nvidia announced Thursday that Colette Kress, its current executive vice president and chief financial officer, had agreed to serve as interim CEO following Huang’s departure.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| ARM | ARM HOLDINGS PLC | 190.64 | -9.14 | -4.58% |
“The board of directors is initiating the search for a permanent CEO and will consider internal and external candidates,” the company said.
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Nvidia called Jensen’s contributions to the company “profound.”
“NVIDIA is one of the world’s most valuable technology companies. The Board of Directors and the Company thank Jensen for his immeasurable contributions to society and the industry,” the company said.
“Kress has served as NVIDIA’s executive vice president and chief financial officer since joining the company in September 2013,” the statement said, adding, “During her tenure, she led the company’s financial organization and played a key role in NVIDIA’s growth and evolution.”
Rene Haas, CEO of Arm Holdings Plc, attends the annual Allen and Co. Sun Valley Media and Technology Conference at Sun Valley Resort in Sun Valley, Idaho, July 7, 2026. (Brendan McDermid/Reuters / Reuters)
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“Colette has helped NVIDIA navigate a period of extraordinary growth and has a deep understanding of our business, our customers, our operations and our financial condition,” said Harvey Jones, chairman of the board of directors of Nvidia, in a statement.
FOX Business’ Elizabeth Claman contributed to this report.
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