Trump pitches Apple's Tim Cook as new Nvidia CEO
Nvidia’s board weighed dismissing CEO Jensen Huang, a dizzying fall from grace for a titan whose seemingly unassailable position was upended by the scandal surrounding his affair with an alleged Chinese spy.
- The big picture: Trump didn't weigh in on the controversy surrounding Huang's departure following alleged affairs with a suspected Chinese spy and an Nvidia executive, instead calling Huang "a Legend" in his Truth Social post.
- President Trump is backing Apple executive chairman Tim Cook to replace tech giant Jensen Huang after Huang resigned as Nvidia CEO, though it's unclear whether he meant it as a joke.
- Driving the news: "NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place - TIM COOK of Apple," Trump wrote.
Just how close Huang was to Trump and the extent of the influence tech giants have on his administration are some of the questions that still need answering, says France 24’s Douglas Herbert.
- Nvidia is facing its biggest crisis in its 33 year history, with founder Jensen Huang resigning as CEO.
- The New York Times reported Wednesday that Huang had a relationship with Kimberly Powell, a senior Nvidia executive who reports to him.
- Context: Huang, a mammoth force behind the AI buildout, resigned after a whirlwind of controversy rippled through the industry and prompted congressional scrutiny.
- Cook, who has opened his coffers for the president, stepped down as Apple's CEO in September, after well over a decade atop the tech behemoth.
- Cook's name had been mentioned in prediction market speculation, though he's not leading the crowd to replace Huang.
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