Jensen Huang Resigns... Kress Named Interim CEO

U.S. President Donald Trump publicly recommended Apple Executive Chairman Tim Cook as the successor to Nvidia CEO Jensen Huang, who abruptly resigned on Nov. 12 (local time).


U.S. President Donald Trump. White House

U.S. President Donald Trump. White House

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Trump said on Truth Social that day, "With Jensen Huang stepping down after doing a great job, there is only one person who can take his place: Apple's Tim Cook." He added, "One legend replaces another."


Nvidia's board appointed Colette Kress, its chief financial officer (CFO) and executive vice president, as interim CEO and began searching for a permanent successor. The board plans to consider both internal and external candidates.


Trump's recommendation came as a scandal involving CEO Huang widened into a dispute over U.S. export controls on semiconductor exports to China. U.S. lawmakers have criticized the administration's export control measures as inadequate amid allegations that Nvidia's advanced artificial intelligence (AI) chips were diverted to China.



Cook has served as executive chairman of Apple's board since stepping down as the company's CEO on Sept. 1. On Sept. 24, he also attended a White House state dinner hosted by Trump for Chinese President Xi Jinping. It remains unclear, however, whether Trump's public recommendation will affect Nvidia's board in its actual selection of a successor.


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