Breaking
INTLTrump says ‘we don’t need a deal with Iran’USTCU lands Saint Louis star Robbie Avila amid roster-limit kerfuffle: What it means for the Horned FrogsTRS-70 type helicopter crashed in MalatyaUSFive ways Jensen Huang’s ouster from Nvidia could damage the AI industryDEWall Street: Nvidia shares collapse and pull chip values into the redEUGunman kills one and barricades himself in building after gym shooting in Washington, DCESTrump proposes Tim Cook, president of Apple, to replace Huang at the head of Nvidia after the scandal over his infidelitiesDEWar against Ukraine: Putin insists on territorial claimsIN'Foreign troops in Ukraine unacceptable': Putin's blunt message to Trump's envoysFR“We’re going to have to surprise ourselves”: Antoine Dupont launches the France-South Africa clashINTLTrump says ‘we don’t need a deal with Iran’USTCU lands Saint Louis star Robbie Avila amid roster-limit kerfuffle: What it means for the Horned FrogsTRS-70 type helicopter crashed in MalatyaUSFive ways Jensen Huang’s ouster from Nvidia could damage the AI industryDEWall Street: Nvidia shares collapse and pull chip values into the redEUGunman kills one and barricades himself in building after gym shooting in Washington, DCESTrump proposes Tim Cook, president of Apple, to replace Huang at the head of Nvidia after the scandal over his infidelitiesDEWar against Ukraine: Putin insists on territorial claimsIN'Foreign troops in Ukraine unacceptable': Putin's blunt message to Trump's envoysFR“We’re going to have to surprise ourselves”: Antoine Dupont launches the France-South Africa clash
BackTrump proposes Tim Cook, president of Apple, to replace Huang at the head of Nvidia after the scandal over his infidelities
Trump proposes Tim Cook, president of Apple, to replace Huang at the head of Nvidia after the scandal over his infidelities
BREAKING
20minutos15 minutes agoBusiness1 min readSpainView original

Trump proposes Tim Cook, president of Apple, to replace Huang at the head of Nvidia after the scandal over his infidelities

The founder of Nvidia leaves his position amid a scandal over extramarital affairs and ties to a businesswoman investigated for espionage.

Quick Look

  • President Donald Trump has suggested that Apple CEO Tim Cook replace Jensen Huang at the helm of Nvidia.
  • Huang resigned after revelations of extramarital affairs and ties to a Chinese businesswoman investigated for espionage.

AI-generated summary

Why It Matters

Jensen Huang founded Nvidia in 1993 and has led the company for three decades. The case involves an internal investigation and the interest of the FBI in alleged espionage links.

Font size

The president of the United States, Donald Trump, proposed this Thursday that Tim Cook, CEO of Apple, replace Jensen Huang at the head of Nvidia after the latter submitted his resignation amid the scandal over his extramarital affairs and his alleged links with a businesswoman investigated for espionage for China.

"A legend replaces a legend," the US president said in a message published on his social network, Truth Social, in which he defended Cook taking over the leadership of the semiconductor giant. At the moment, Nvidia has not announced a definitive replacement for Huang and has appointed its current financial director, Colette Kress, on an interim basis.

The proposal comes after Huang, co-founder of Nvidia in 1993, resigned this Thursday with immediate effect as CEO, president and member of the company's board of directors. His departure comes after two extramarital affairs were uncovered, one of them with Alice Huang, a Chinese businesswoman suspected of collaborating with Beijing's intelligence services, and another with an Nvidia worker herself.

The case has sparked an internal investigation in the company and has also aroused the interest of the FBI, as confirmed this week by Trump himself. The US president had until now defended Huang, whom he described as an "extremely honorable" and "very upright" person, and assured that he trusted his version that he was unaware of the businesswoman's alleged links with Chinese espionage.

Nvidia, for its part, had indicated that it had no reason to believe that its business secrets or US national security had been compromised. The company now faces the search for a new CEO after more than three decades under the leadership of Huang, who has become one of the most influential figures in the technology sector due to the rise of chips used in artificial intelligence.

Open Questions

  • Will Tim Cook accept Trump's proposal?
  • What will the FBI investigation into Nvidia reveal?

Related Topics

This article was originally published by 20minutos.

Related Stories

Nvidia is preparing to dismiss Jensen Huang after discovering a new infidelity with a vice president of the company
BREAKING·

Nvidia is preparing to dismiss Jensen Huang after discovering a new infidelity with a vice president of the company

Nvidia's board of directors finalizes the dismissal of its founder and CEO Jensen Huang after learning of a second extramarital relationship with Kimberly Powell, the company's vice president of health. The scandal adds to the previous one with Alice Huang, an alleged Chinese spy, and has caused a drop of about $430 billion in market capitalization in two sessions, with a total loss of 9.5% in the value of shares since the crisis broke out.

El Mundo
3 min read
The percentage of women entrepreneurs doubles in 10 years but still does not reach that of men
Business·

The percentage of women entrepreneurs doubles in 10 years but still does not reach that of men

In Spain, the intention to start a business among women went from 5.8% in 2015 to 12.8% in 2025, two points below that of men (14.9%). The GEM and GIRA Mujeres report reveals that the median initial financing for female entrepreneurs is less than 10,000 euros compared to 12,000 for men, and that only 4% of women's businesses exceed 100,000 euros in seed capital compared to 8% for men.

El País Economía
3 min read
More on this topicdonald trump