Trump suggests Tim Cook replace Jensen Huang at Nvidia
The US President backed the Apple CEO as the successor after the Nvidia chief resigned following reports of extramarital affairs.
US President Donald Trump suggested on Thursday that Apple CEO Tim Cook should succeed Jensen Huang as the leader of Nvidia. The suggestion follows Huang's immediate resignation from his roles as president, chief executive officer, and board member.
According to reports from the Deccan Herald, Huang stepped down following allegations of extramarital affairs, including one involving an alleged Chinese spy. Media reports claimed the businesswoman involved is suspected by US authorities of spying for Beijing.
Trump posted on social media that Huang had performed a fantastic job but claimed Cook was the only person to take his place. He described the potential transition as one legend replacing another.
Nvidia has appointed its chief financial officer, Colette Kress, as interim CEO. Kress will continue her duties as executive vice president and CFO until a permanent successor is named.
The company stated that its board will evaluate both internal and external candidates for the position. Nvidia has also appointed Harvey C. Jones as its first chairman during this leadership transition.
Huang co-founded Nvidia in 1993 and led the company's growth into a major supplier of chips for artificial intelligence systems.
