Nvidia approaches Arm CEO Haas as employees seek Huang's return, reports say

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Nvidia's board said it was in the process of selecting a search firm for the CEO role and had not formally engaged any potential candidates ...

Nvidia's board has approached British chipmaker Arm Holdings CEO Rene Haas in its search for a potential successor to Jensen Huang, the Financial Times said on Friday, even as another report said some employees were pushing to bring back the former CEO.

On Thursday, Huang stepped down after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging the chipmaker into crisis and sending shockwaves across an AI industry he helped bankroll.

Nvidia's board said it was in the process of selecting a search firm for the CEO role and had not formally engaged any potential candidates. "Any speculation regarding individual candidates, whether internal or external, is premature," the board said in a statement.

Prior to Huang's resignation, a longtime Nvidia engineer had urged the board in an internal post to consider employee sentiment before taking any action, Wired reported late on Thursday.

The post has since drawn more than 1,600 comments, with several urging the board to find a way to bring Huang back, the technology news platform said, citing internal correspondence it reviewed. Nvidia has about 42,000 employees worldwide.

Billionaire Elon Musk separately said on X that a petition was underway to reinstate Huang and that he would sign it. It was not immediately clear whether Musk was referring to the internal effort reported by Wired.

Nvidia declined to comment on the Wired report as well as Musk's post, while Arm also declined to comment. Reuters could not independently verify the reports.

Haas became Arm CEO in 2022, overseeing the company's Nasdaq listing in 2023. Arm designs processor architectures and licenses them to other companies that develop chip designs. Historically, its strength has been in mobile phones and it is expanding into computers.

Haas' combination of familiarity with Nvidia and experience running a publicly traded chip company could make him an unusual fit for the role, said Shay Boloor, chief market strategist at…

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