Trump floats Tim Cook as next Nvidia CEO

AP25218789964608-e1794500587436.jpg


President Donald Trump suggested former Apple CEO Tim Cook should replace former Nvidia CEO Jensen Huang after he abruptly resigned Thursday morning.

“NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place – TIM COOK of Apple. A Legend replaces a Legend!” Trump wrote on Truth Social.

It’s not clear whether Trump suggested Cook as a joke. Trump last week joked that he had offered UFC CEO Dana White the White House press secretary position.

Huang resigned after embarrassing reports that he had two extramarital affairs with a suspected spy for China and Kimberly Powell, a company employee who reported to him.

U.S. officials reportedly believe Alice Huang exploited the romantic relationship with Huang to gather intelligence for Beijing.

Colette Kress, Nvidia’s chief financial officer, will serve as the company’s CEO while the company searches for a permanent replacement.

Nvidia is best known for its artificial intelligence chips and controls about 90% of the market. The stunning allegations against Huang have sent the company’s shares plunging.

Trump was reportedly told about Huang’s relationship with the spy, but it’s not clear what, if any, action was taken. Officials believe that Huang and Megaspeed, the Singaporean company where she worked, helped smuggle restricted chips into China.

The president will travel to China next week but has said he does not intend to raise the Nvidia affair with Chinese President Xi Jinping.

NVIDIA’S JENSEN HUANG RESIGNS AFTER CONFESSING TO AFFAIR WITH SUSPECTED CHINESE SPY

Democrats, however, plan to interrogate Huang over his actions once the 120th Congress is sworn in.

“NVIDIA CEO Jensen Huang’s decision to resign does not absolve him, other executives, or the company as a whole of responsibility for putting our national security at risk or for any potential violations of our laws,” said Sen. Elizabeth Warren (D-MA), the incoming chairwoman of the Senate banking committee, in a statement.

Continue reading...

[ H/T Washington Examiner ]

Comments

There are no comments to display
Back
Top