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Bessent calls for Nvidia leadership overhaul as export scrutiny intensifies
Detailed summary
Scott Bessent urges Nvidia to hire an outside CEO and explain alleged China chip shipments within 10 days, ahead of Tuesday’s quarterly earnings.
Treasury Secretary Scott Bessent called for Nvidia (NVDA) to recruit an outside chief executive following Jensen Huang’s reported removal, raising questions about the chipmaker’s compliance practices ahead of its quarterly earnings release.
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