Technology and Scienceupdated 19m ago3 min read
Archive photo · 2 June 2025Trump Proposes Tim Cook to Succeed Jensen Huang as Nvidia CEO
“there is only one man to take his place —TIM COOK of Apple.”
“Goldman Sachs analysts are pointing to Apple’s AAPL experience more than a decade ago”
Photo: Daniel Torok / US federal government, Public domain · Cropped for layout
This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.
Trump proposed Tim Cook as Nvidia's next CEO after Jensen Huang's resignation. Jensen Huang resigned after more than 30 years as Nvidia CEO.
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Huang exits, board acts
Jensen Huang resigned as CEO, president and director of Nvidia on November 11, and the company announced it the next day, leaving its independent directors responsible for oversight after Reuters reported Huang had an affair with a former executive at Nvidia customer Megaspeed. The Reuters account said U.S. authorities reportedly suspected the woman of working for Chinese intelligence, and Beijing denied it, while Nvidia’s independent directors hired outside counsel to investigate. The editorial illustration in Ya Libnan framed the moment as a question of succession after Steve Jobs and Jensen Huang, arguing that Jobs saw how a phone could become a computer and Huang saw how chips built for graphics could become engines of scientific computing and, eventually, artificial intelligence.
Ya Libnan also described Jobs’s loss of operating authority at Apple after the board sided with John Sculley, and it quoted Jobs’s blunt description of the feeling of being fired: “And then I got fired.” The same Ya Libnan piece said Nvidia introduced CUDA in 2006, giving developers a way to put graphics processors to work on problems far removed from video games, and it argued that the bet was on software as much as on chips.
Trump backs Tim Cook
President Donald Trump posted on Truth Social that “NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place —TIM COOK of Apple. A Legend replaces a Legend!”
PCMag Middle East said Nvidia’s chips power much of the AI infrastructure being built across the Gulf, and it tied the leadership change to the pace of regional data-center projects.
The Al-Sharq للأخبار account also presented Trump’s proposal as a comment posted on Truth Social, and it said the suggestion “remains his opinion and does not constitute a decision by Nvidia regarding Huang’s succession or the selection of its next CEO.”
Ya Libnan’s editorial illustration asked who would see the next opportunity early enough to bet a company’s future on it, and it contrasted Jobs’s return to Apple after founding NeXT with Huang’s departure from Nvidia.
The same PCMag Middle East piece said Nvidia’s board was conducting a CEO search that would consider internal and external candidates, while it noted that Colette Kress was appointed interim CEO today.
Market, AI, and governance
Goldman Sachs analysts in TradingView’s report framed Nvidia’s leadership continuity question by comparing it to Apple’s case after Steve Jobs took an extended medical leave in early 2011 and later passed away. TradingView said Goldman Sachs cited Apple’s forward P/E multiple compressing from roughly 17 times to about 12 times over the subsequent 18 months and briefly trading near 9 times in 2013, then recovering toward 15 times only after the market gained confidence in iPhone product execution. The TradingView report also gave Goldman’s figures for Nvidia, stating that it projected calendar-year 2027 EPS of $16.70 versus the Street consensus of $15.91, implying forward multiples of roughly 9.6 times on the firm’s numbers and 10.1 times on consensus.
الشرق للأخبار said Nvidia’s stock fell 14% at market open after Huang’s resignation was announced, then pared its losses to 4%, and it quoted the interim CEO’s first comment: “I have always drawn strength from Nvidia’s employees, and I am committed, in collaboration with our leadership team, to building on the exceptional foundation that Jensen has laid over the past 33 years.” Ya Libnan’s editorial illustration argued that it doubted Nvidia would make another leap on the scale of turning a graphics-chip company into a pillar of the AI industry, and it said the board’s hardest job would be finding a leader who could see what comes after today’s AI boom.