Arm CEO Rene Haas Tapped as Potential Nvidia Successor After Huang Resignation
The Telegraph reported that Arm CEO Rene Haas is being considered to replace Jensen Huang as chief executive of Nvidia after Huang’s resignation sparked a sharp sell-off in the chipmaker’s shares. Huang’s departure on 5 November 2026 sent Nvidia’s stock down more than 4% on the New York Stock Exchange, according to the New York Times, and BNN Bloomberg said the decline was about 5%. The slide prompted Baird to cut its price target to $200 and move the rating to neutral, as reported by Moneycontrol, and Morgan Stanley removed the stock from its Top Pick list, per the Globe and Mail.
Prediction-market platforms Kalshi and Polymarket showed varied odds for a successor, with Nvidia executive Ian Buck leading the odds and Huang still floated as a possible return, according to the Straits Times. Investor activity surged in Singapore, where trading volumes rose up to 13-fold, reported by the Business Times, and Broadcom shares rose over 5% on speculation that demand could shift, noted by the Motley Fool. Analysts at the Motley Fool projected modest Nvidia stock movement through 2027, while industry leaders at a San Francisco AI summit expressed uncertainty about the impact of the leadership change, as covered by Yahoo News Singapore.
