Former U.S. President Donald Trump has publicly recommended Apple CEO Tim Cook as a potential successor to Jensen Huang, who recently resigned as CEO of Nvidia. The recommendation comes amid a tumultuous period for Nvidia, as shares have tumbled following Huang's departure. The company has also faced scrutiny over Huang's alleged extramarital affair with a woman reportedly linked to Chinese intelligence, raising national security concerns.
Trump cited Huang's own statement, claiming the former Nvidia CEO was unaware of his alleged paramour's ties to espionage. 'I had no idea that she was a spy,' Trump quoted Huang as saying. The situation has prompted Nvidia to form an outside council to investigate the affair and its potential implications for the company.
The drama surrounding Huang's resignation has contributed to broader market volatility, particularly in the tech sector. Investors are grappling with concerns over AI-driven stock valuations and potential regulatory fallout from the scandal. Meanwhile, Tim Cook's name has surfaced as a possible candidate to steer Nvidia through this challenging period.