Scott Bessent demands major personnel overhaul at NVIDIA following Jensen Huang's resignation
NVDA NVIDIA Corp
$162.85 -2.01%
View chart & analysis → - 1Scott Bessent argued that NVIDIA must seek its next CEO from outside the company.
- 2As national security concerns regarding Huang intensify, Cantor's NVIDIA holdings have decreased by nearly 50% over more than 6 months.
- 3Contracts exist involving a 25% US government royalty rate on approved H200 sales to Chinese customers.
So what's the key point?
Scott Bessent said that NVIDIA should find a new leader from outside the company. Cantor has reduced its NVIDIA stock holdings by nearly half.
Source Reuters +1 · View original ↗
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