Bessent calls for ‘dramatic shakeup’ at Nvidia, urges outside CEO
Treasury Secretary Scott Bessent calls for a "dramatic shakeup" at Nvidia and urges its board to hire an outside CEO, questioning whether the company pressed illicit AI chip sales to China to boost earnings. Jensen Huang resigned before Bessent's remarks, CFO Colette Kress is interim CEO, and Bessent says "Commerce has the pen" on blacklisting suspected chip-diverter Megaspeed.
