Trump pushes his choice to replace Jensen Huang atop Nvidia

Detailed summary

Cook stepped down as Apple’s CEO earlier this year but still serves as the company’s Executive Chairman

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The CEO of the world’s second most valuable company in the world has stepped down amid a sex and spying scandal, and President Donald Trump, who shared a relationship with the ousted tech titan, is now telling the world who he thinks should replace him.

Writing on Truth Social, Trump said that “only one man” — former Apple CEO Tim Cook — could take the place of now-former Nvidia founder and CEO Jensen Huang, who resigned from his post on Thursday after the tech giant was rocked by reports he had an affair with a suspected Chinese spy.

Trump added that a decision by Nvidia’s board to name Cook, whom Trump once mistakenly referred to as “Tim Apple,” as Huang’s successor would mean “a Legend replaces a Legend.”

Cook, 66, served as Apple’s chief operating officer from 2005 until he was elevated to be the company’s CEO after the death of co-founder Steve Jobs. He stepped down as Apple’s CEO earlier this year but has remained the company’s executive chairman.

Huang’s resignation came on Thursday amid a scandal that has wiped hundreds of billions of dollars off the chipmaker’s market value, with share prices plunging 10 percent Thursday morning.

His troubles began last week when The New York Times reported that he’d carried on a long affair with another technology executive named Alice Huang, who American intelligence officials believe is either an agent or asset of China’s Ministry of State Security — Beijing’s equivalent of the Central Intelligence Agency.

Alice Huang, who is not related to Jensen Huang, is believed to have facilitated shipments of Nvidia’s microchips to Chinese firms in violation of U.S. export controls as part of a foreign intelligence operation. Beijing has denied the claims of espionage as“purely unsubstantiated and directed at smearing China.”

The Times subsequently reported that Mr Huang had also had a separate affair with Kimberly…

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