US Treasury Secretary Scott Bessent tells Nvidia it must face a “dramatic shakeup,” including hiring a CEO from outside the company, while demanding rapid answers over export compliance following Jensen Huang’s resignation. Multiple outlets say Bessent presses the chipmaker and its board on whether Nvidia is meeting US restrictions, particularly those affecting shipments to China.
Quartz and the Financial Times report Bessent wants responses within a set timeframe and focuses on compliance checks tied to export rules. CNBC adds a political framing around the dispute, noting Bessent’s criticism of Howard Lutnick’s department and his defense of President Donald Trump’s handling of the broader issue. Other outlets similarly emphasize leadership changes, with repeated calls for Nvidia to look externally for new management.
While most accounts align on the core message—external CEO and export-compliance scrutiny—coverage differences mainly concern additional political context and how prominently the specific export-compliance timeline is featured. Several reports largely mirror the same basic claims without adding new details.