Updated version 1 - According to the Financial Times, Nvidia has approached Arm CEO Haas, hoping he will succeed Jensen Huang.

Background information was added in the second paragraph, details about the CEO selection are provided in the third paragraph, and stock price performance is listed in the fifth paragraph.

Reuters, November 13 - According to the Financial Times on Friday, citing sources, the Nvidia NVDA.O board has approached Arm Holdings O9Ty.F CEO Rene Haas as a potential successor to Jensen Huang.

On Thursday, Jensen Huang resigned after news of his extramarital affair emerged—one involving a woman suspected of being a Chinese spy—plunging the chipmaker into crisis and sending shockwaves through the artificial intelligence industry he had strongly supported.

The Financial Times reported that Haas is one of several candidates being considered to replace Huang, but there is no guarantee he will be offered or accept the position.

The British chipmaker declined to comment, and Nvidia did not immediately respond to Reuters’ request for comment. Reuters could not independently verify the report.

After the report was published, Arm’s US-listed shares pared losses but were still down more than 5%. Nvidia’s shares fell more than 3%.

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