Jensen Huang resigned from his executive and board roles at Nvidia after reports surfaced regarding his relationship with a Chinese businesswoman suspected of spying for Beijing. In the wake of his exit, Nvidia appointed Chief Financial Officer Colette Kress to serve as interim chief executive. U.S. President Donald Trump has publicly recommended that former Apple leader Tim Cook take the helm of the chip firm. Neither Cook, who transitioned to Apple's executive chairman in September, nor Apple immediately commented on the proposal.
Key points
President Donald Trump publicly recommended that former Apple leader Tim Cook take over a…: President Donald Trump publicly recommended that former Apple leader Tim Cook take over as the permanent chief executive of Nvidia.
Former Nvidia leader Jensen Huang told Donald Trump that he was unaware of the businesswo…: Former Nvidia leader Jensen Huang told Donald Trump that he was unaware of the businesswoman's alleged ties to Chinese intelligence.
Both Jensen Huang and Tim Cook previously built ties with Donald Trump through domestic i…: Both Jensen Huang and Tim Cook previously built ties with Donald Trump through domestic investments and trade discussions regarding China.
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Nov 12 : US President Donald Trump said on Thursday that former Apple Inc Chief Executive Tim Cook should replace Jensen Huang as the CEO of Nvidia.
"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 said on social media. "A Legend replaces a Legend!" he added.
Cook stepped down after a 15-year stint as Apple's CEO in September and is now executive chairman at the iPhone-maker.
Apple and Cook did not immediately respond to requests for comment.
Last year, Cook presented Trump with a custom US-made plaque mounted on a 24-carat gold stand commemorating Apple's "American Manufacturing Program", after saying it would invest an additional $100 billion in domestic manufacturing.
Huang resigned as CEO and a member of the board on Thursday after reports said he had an affair with a Chinese businesswoman whom US authorities suspect of spying for Beijing. Nvidia has announced that Chief Financial Officer Colette Kress will take over as interim CEO.
High-profile endorsements are emerging to fill the sudden leadership vacuum at Nvidia following the departure of its longtime chief on Thursday. Observers view the tech veteran as an ideal candidate due to his proven history of steering Apple after the loss of an iconic founder. His extensive experience managing global supply chains and high-stakes international diplomacy aligns closely with the semiconductor giant's current strategic demands.
The former president proposed major executive changes among top technology industry leaders during a recent statement. His remarks target the leadership of the prominent artificial intelligence hardware manufacturer. Observers note these comments reflect an ongoing focus on corporate governance within major American technology firms.
Investors responded negatively to the agricultural chemical and seed producer after management lowered expectations for its full-year financial performance. The revised guidance reflects ongoing operational and demand headwinds stemming from the regional market in Brazil. This unexpected downward adjustment has raised immediate concerns regarding international sales momentum and profitability margins across key farming territories.