Trump proposed a replacement for Nvidia chief Huang
Following the resignation of Nvidia CEO Jensen Huang, Apple chairman Tim Cook should take his place. US President Donald Trump stated this on the social network Truth Social.
Tim Cook. Photo: AP Photo / Annie Mulligan
«Now that Nvidia CEO Jensen Huang, who did a great job, has resigned, only one person can take his place — Tim Cook of Apple. A legend replaces a legend,» the post says.
On November 12, Huang stepped down as chief executive officer, as well as president of the company and a member of the board of directors. Nvidia's Executive Vice President and Chief Financial Officer Colette Kress has been appointed interim head of the company.
The statement came amid a scandal involving Huang's alleged extramarital affair with a woman suspected of spying for China, as well as with a female employee of the company.
Following Huang's resignation, Nvidia's market value dropped by more than 10%. In pre-market trading on NasdaqGS, NVIDIA shares fell by 10.49% — to $155.51 per share.