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via finance.yahoo.comBusiness & Companies

Arm shares slide 6.5% after FT report Nvidia's board approached CEO Rene Haas as successor

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Arm Holdings shares fell 6.5% on Friday, extending weakness across the semiconductor sector, with the decline accelerating after the Financial Times reported that Nvidia's board had approached Arm Chief Executive Rene Haas as a potential successor to Jensen…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe succession report weighs on Arm and on a chip sector already under pressure.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Arm shares fell 6.5% on Friday.
  2. 02The Financial Times reported Nvidia's board approached Rene Haas.
  3. 03Haas is among several candidates, but he has not been offered the position.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Arm Holdings plc American Depositary SharesARMStock188.64 USD+0.22%today -5.58%Negative NVIDIA CorporationNVDAStock161.05 USD+0.05%today -3.09%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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