Proxy advisers ISS and Glass Lewis urged Arm shareholders to reject a pay plan that could hand CEO Rene Haas up to $800 million if the chip designer hits $2 trillion.

#Arm #Chips #CorporateGovernance #ExecutivePay #ReneHaas #Semiconductors #Softbank #Tesla

Arm CEO Is More Confident Than Ever on $2B AI Chip Goal ai-beat #AI #ChipTechnology #ArmHoldings #RevenueGoals #ReneHaas

Arm shareholders vote September 9 on a package that pays Rene Haas up to $800 million if the chip designer hits a $2 trillion valuation. Proxy advisers say no. SoftBank owns 86%.

#Arm #Compensation #ReneHaas #Shareholders #Softbank

#ReneHaas is a renowned anti-human, tech megalomaniac " #AI junkie". So it's no surprise that he is making this "bold claim" about AI finding a complete cure for cancer, and going off on an "Elon Musk like tangent" about humanoid robots.

Normalising hubris they call that. So glad I'm old fashioned.