Bessent says Nvidia needs ‘shake-up’ with external CEO

US Treasury Secretary Janet Yellen has called for a significant change at the helm of chipmaker Nvidia, suggesting that an external CEO might be necessary to ensure compliance with export restrictions to China. This demand highlights the ongoing scrutiny of high-tech companies in navigating international regulations. Yellen's comments reflect a broader concern about maintaining control over advanced technologies, especially in sensitive geopolitical contexts. This shake-up could have far-reaching implications for Nvidia's leadership strategy and its future operations.