Trump Suggests Tim Cook Replace Nvidia CEO Amid Scandals
President Trump proposes Tim Cook as successor to Nvidia’s ousted CEO, Jensen Huang, amid ongoing investigations.
2 min read
President Donald Trump has suggested Apple CEO Tim Cook as a potential replacement for Jensen Huang, the ousted chief executive of Nvidia, following a series of scandalous allegations against Huang. Huang resigned on Thursday after being implicated in two separate affair scandals, including one involving a suspected Chinese spy.
Trump’s Public Endorsement
Trump posted on Truth Social, praising Huang for his previous work and suggesting Cook as a replacement, stating, “A Legend replaces a Legend!” Despite Trump’s public endorsement, it is unclear whether he has discussed the idea with Cook, who currently serves as Apple’s executive chairman after stepping down as CEO in September.
Nvidia’s Response and Stock Impact
Nvidia’s board of directors has named longtime CFO Colette Kress as interim CEO while they search for a permanent replacement, both internally and externally. The company’s stock fell 11% at the open following the news of Huang’s resignation. Huang’s resignation followed a series of allegations, including an affair with Alice Huang, a former executive at Singapore-based Megaspeed, which was reported by the New York Times to have ties to Chinese intelligence.
Additional Allegations and Legal Issues
Further allegations emerged, including a second affair involving Nvidia’s healthcare chief, Kimberly Powell, as reported by the Wall Street Journal. The board was reportedly preparing to push Huang out, leading to his resignation on Thursday. Huang also faces a proposed class-action lawsuit from shareholders, alleging he and Nvidia misled investors by not disclosing his relationship with Alice Huang.
Historical Ties Between Trump and Cook
Trump’s suggestion is not without context. The two have a history dating back to the 2016 presidential campaign, where Trump initially called for a boycott of Apple over its refusal to assist the FBI. However, once in office, Trump found Cook to be one of the few tech executives who communicated directly with him, fostering a unique relationship.
Public and Private Relations
Despite their private rapport, Cook has publicly criticized Trump over several issues, including the Muslim travel ban. Nevertheless, Trump’s private line with Cook may still influence the selection of a new CEO for Nvidia, though the final decision rests with the company’s board.
Source: Daily Wire
