Treasury Secretary Scott Bessent on Sunday called for a "dramatic shakeup" at Nvidia and urged the board to hire an outside CEO, according to remarks on Fox News. Bessent questioned whether the chipmaker pursued illicit sales of advanced AI chips to boost revenues in the wake of CEO Jensen Huang's resignation on Thursday. "If this were a bank and they hadn't complied like this, the OCC would be in there right now, and a lot of the executives would be removed," Bessent said, suggesting Nvidia's compliance issues extended beyond Huang.

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