Trump Suggests Tim Cook to Lead Nvidia After Huang Resigns
President Donald Trump suggested Apple CEO Tim Cook replace Jensen Huang as Nvidia's leader, posting on Truth Social Thursday after Huang resigned as president, CEO, and board member. Trump called it "a legend replacing a legend." Nvidia CFO Colette Kress agreed to serve as interim CEO while continuing her financial duties, according to an official company statement. The board has begun searching for a permanent successor, considering both internal and external candidates. The leadership change follows Nvidia's $1.08 trillion market value loss between October 29 and November 10, amid controversies involving alleged espionage targeting Huang and his admission of infidelity. The company's market valuation fell from $5.149 trillion to $4.068 trillion over eight trading sessions.