StocksMedium•13 November 2026•
1 min read
Arm Shares Drop 5% on Reports NVIDIA May Poach CEO Rene Haas
Key Facts
1Arm shares fell approximately 5% Friday following reports that Nvidia's board approached CEO Rene Haas as a potential successor to Jensen Huang.
Arm shares fell approximately 5% on Friday, November 13, 2026. The Motley Fool reported that NVIDIA's board approached Arm CEO Rene Haas as a potential successor to Jensen Huang.
NVIDIA was trading at $160.84 on November 13, 2026, while peer AMD closed at $585.3 on November 12, 2026. The decline follows investor concerns regarding leadership stability at Arm, as the company's annual report highlights its significant dependence on Haas, who previously spent seven years at NVIDIA.