President Donald Trump said Apple CEO Tim Cook should replace Jensen Huang as Nvidia’s chief executive after Huang resigned on Nov. 12. (Foto: Instagram)
President Donald Trump suggested that Apple CEO Tim Cook should take over as Nvidia’s chief executive after Jensen Huang resigned on Thursday, Nov. 12. Huang’s departure came amid reports about relationships with two women, one of whom U.S. intelligence sources have alleged was recruited by China as a spy.
“Now that Nvidia CEO Jensen Huang, who did a fantastic job, has resigned, there is only one man to take his place: Tim Cook of Apple. One legend replaces another!” Trump wrote in a social media post.
Trump and Huang have maintained a good relationship since Trump returned to the White House in January 2025. Trump has hosted the Nvidia executive at the White House several times. Huang also accompanied Trump on trips to the United Kingdom in September 2025 and to China in May 2026. Trump said he had spoken with Huang about the espionage allegations and believed Huang did not know that Alice Huang might have been a Chinese spy.
Nvidia develops semiconductor chips for artificial intelligence and other technologies. Its shares fell by more than 13% on Thursday on the New York Stock Exchange. Huang had been linked to an extramarital relationship with Alice Huang, an executive at Singapore-based company Megaspeed. U.S. intelligence sources told The New York Times that she was allegedly recruited by the Chinese government to get close to Huang and persuade Nvidia to sell newer semiconductor models in China. China denied the allegations and called them an attempt to smear its government.
The pressure on Huang grew after The New York Times reported another alleged extramarital relationship, this one with Kimberly Powell, president of Nvidia’s health care division. The newspaper reported that the two were seen in an intimate situation at a hotel in San Jose, California, during a company conference in March.
Nvidia named Chief Financial Officer Colette Kress as interim CEO following Huang’s resignation. Harvey C. Jones will become chairman of the board.
