The US regime's Treasury Secretary Scott Bessent said on Fox News's Sunday Morning Futures that Nvidia should look outside the company for a successor to Jensen Huang, arguing that events inside the company require a dramatic shake-up.
Key Takeaways: Huang resigned on Thursday; Bessent demanded answers from Nvidia's board and outside counsel within 10 days; lawmakers including Jim Banks and Elizabeth Warren are seeking tighter chip export controls.
Nvidia is a leading producer of chips and computing components for artificial intelligence and sits at the center of the technology race between the US and China; Huang was a cofounder and, since 2025, cultivated close ties with the Trump regime.
Bessent questioned whether Nvidia turned a blind eye to allegedly illicit chip sales to boost revenue and earnings; The New York Times reported Huang's extramarital relationship with Alice Huang, a former Megaspeed executive, while unnamed US regime intelligence agents believed she may have been recruited by China's Ministry of State Security; Beijing's Foreign Ministry called the allegations groundless.
Rumored successors include Arm Holdings CEO Rene Haas and former Apple CEO Tim Cook; although Congress is considering closing export loopholes, Bessent said existing controls are sufficient and need stronger enforcement.
Source: www.aljazeera.com