Business · High impact77 sources
President Trump says Apple’s Tim Cook is the only man to replace Jensen Huang as Nvidia CEO
Tom's Hardware · By Stephen Warwick ·
The Brief · written from 77 sources
- Nvidia announced on 2026-11-12 that Jensen Huang has resigned as CEO, president and board member, effective immediately.
- CFO Colette Kress was named interim CEO while the board considers candidates, and the board has worked with an outside firm to identify possible replacements.
- The resignation followed reports of two extramarital affairs: one with a woman US officials reportedly believe is a Chinese spy, and one with an Nvidia vice president who reports to him.
Why it matters
Nvidia, the leading AI chipmaker, is now under interim leadership, so strategy and direction could shift once a permanent CEO is chosen. Bloomberg quotes analyst Chris Weston of Pepperstone, who does not expect the leadership change to alter the product rollout.
Who’s affected
- Nvidia shareholders
- Developers and partners building on Nvidia platforms
President Donald Trump has said that retired Apple CEO Tim Cook should replace Jensen Huang as the CEO of Nvidia, just hours after it was announced that the latter had resigned in the wake of a series of scandals. Taking to his Truth Social platform, the President said , "NOW…
Timeline
Full coverage · 77 sources
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