Nvidia approaches Rene Haas to replace Jensen Huang
By the AFREEQUE newsroom, based on Business Day (South Africa)
Nvidia has approached Rene Haas, chief executive of British chipmaker Arm Holdings, to consider his succession as head of the US group. Haas is among several candidates, with no guarantee that he will receive an offer or accept it, according to the Financial Times, cited by Reuters.
The board of directors of Nvidia has approached Rene Haas, chief executive of British company Arm Holdings, to consider his candidacy to succeed Jensen Huang, according to the Financial Times, which cited people familiar with the matter. Haas is among several candidates and no decision has yet been made, while Nvidia’s chief financial officer, Colette Kress, is temporarily leading the group.
Rene Haas worked at Nvidia for seven years, where he notably led computing product operations, before joining Arm in 2013. He has headed Arm since 2022 and oversaw its Nasdaq listing in 2023. Arm designs processor architectures and licenses them to companies that develop their own chips, with historically strong activity in mobile phones and now expanding into computers, according to the Financial Times.
Nvidia’s approach comes after Jensen Huang’s departure, announced on 12 November, and as the group’s shares had fallen by 12% following his resignation. Arm declined to comment and Nvidia did not immediately respond to a request for comment from Reuters, which was unable to independently verify the Financial Times report. Arm shares listed in the United States pared their losses after the report but were down more than 5%, while Nvidia was losing more than 3%, according to the Financial Times.
Update of 13 November 2026: Elon Musk said on 13 November 2026 that he would sign a petition calling for Jensen Huang to return to the leadership of Nvidia. Read: Elon Musk signs petition calling for Jensen Huang’s return.
