I just saw that ARM CEO Rene Haas had been added to the shortlist of top candidates to replace Jensen Huang on Nvidia’s board, and then $ARMB shares promptly fell 😅
Let me break down the logic behind this candidate: Rene Haas is ARM’s CEO. ARM is a chip architecture company, while Nvidia is a chip design company, so their businesses are closely related. That means Rene Haas understands chips, architecture, and the ecosystem—all things Nvidia needs most.
But the problem is that ARM and Nvidia are both partners and competitors. How will their relationship be handled if he takes the role? So regardless of whether the rumors are true, the market is already pricing in “Rene Haas takes over.” Is it any wonder ARM’s stock took a big hit?
As for $NVDAB , HSBC has downgraded its stock rating to “Hold.” Until the company clearly lays out a permanent CEO succession plan, the share price will continue to face pressure.
That’s how you end up pleasing neither side—achievement unlocked.
Let me break down the logic behind this candidate: Rene Haas is ARM’s CEO. ARM is a chip architecture company, while Nvidia is a chip design company, so their businesses are closely related. That means Rene Haas understands chips, architecture, and the ecosystem—all things Nvidia needs most.
But the problem is that ARM and Nvidia are both partners and competitors. How will their relationship be handled if he takes the role? So regardless of whether the rumors are true, the market is already pricing in “Rene Haas takes over.” Is it any wonder ARM’s stock took a big hit?
As for $NVDAB , HSBC has downgraded its stock rating to “Hold.” Until the company clearly lays out a permanent CEO succession plan, the share price will continue to face pressure.
That’s how you end up pleasing neither side—achievement unlocked.