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BackTim Cook proposal from Trump for Nvidia
Tim Cook proposal from Trump for Nvidia
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Bloomberg HT12 minutes agoBusiness1 min readTürkiyeView original

Tim Cook proposal from Trump for Nvidia

Quick Look

  • US President Donald Trump stated in his Truth Social post that Apple CEO Tim Cook should replace Jensen Huang, who resigned from Nvidia.
  • Nvidia announced that Huang is stepping down as president, CEO and board of directors; Colette Kress was appointed as interim CEO.
  • The resignation came after reports of extramarital affairs and alleged intelligence on behalf of China.

AI-generated summary

Why It Matters

Nvidia is a US-based chipmaker and leading company in artificial intelligence hardware. Jensen Huang served as the company's president and CEO. Apple is a US-based technology company and Tim Cook is the chairman of the board.

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US President Donald Trump said that Jensen Huang, who resigned from his duties at Nvidia, should be replaced by Apple Chairman Tim Cook.

Stating that Huang did "great" work in his post on his Truth Social account, Trump said, "Since Jensen Huang has resigned, there is only one person who can replace him, Apple's Tim Cook. One legend is replaced by another." he said.

US chip manufacturer Nvidia announced that Huang left his positions as president, chief executive officer (CEO) and board member with immediate effect.

It was reported that Nvidia's vice president and chief financial officer, Colette Kress, had agreed to serve as interim CEO.

Huang's resignation followed reports that he had two extramarital affairs. It was claimed in the news that one of the women with whom Huang allegedly had an affair was collecting intelligence on behalf of China.

What to Watch

AI outlook — possibilities, not facts

  • Nvidia will appoint a new permanent CEO shortly.

    Likely · Within weeks

  • Speculations about Tim Cook becoming Nvidia CEO may continue.

    Possible · Within days

Open Questions

  • Will Tim Cook really become Nvidia CEO?
  • How long will Colette Kress serve as interim CEO?
  • How will the accuracy of intelligence claims on behalf of China be verified?
  • Are the reasons for Huang's resignation fully clear?

Related Topics

This article was originally published by Bloomberg HT.

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