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Bessent calls for ‘dramatic shakeup’ at Nvidia, urges outside CEO
Treasury Secretary Scott Bessent on Sunday called for a "dramatic shakeup" at Nvidia after CEO Jensen Huang 's resignation, questioning whether the chipmaker pursued illicit sales of its advanced artificial intelligence chips to boost…
Summary
Treasury Secretary Scott Bessent on Sunday called for a "dramatic shakeup" at Nvidia after CEO Jensen Huang 's resignation, questioning whether the chipmaker pursued illicit sales of its advanced artificial intelligence chips to boost earnings. Bessent said Nvidia's board should look outside the company for its next chief executive and suggested other executives should face scrutiny over the chip giant's compliance with U.S. export controls.
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