Donald Trump really wants Tim Cook to run Nvidia
NEW: President Trump wants Apple's Tim Cook to run Nvidia, calling him 'a Legend' to replace Jensen Huang, who resigned over reports of affairs including one with an alleged Chinese spy. $NVDA $AAPL
Donald Trump has decided who should run Nvidia, and it's Tim Cook.
Hours after Jensen Huang resigned over the affair reports, the President went on Truth Social and wrote, there is only one man to take his place, Tim Cook of Apple. His words, a Legend replaces a Legend, in all caps naturally. Here they are together at the White House, and you can see why Trump likes the fit.
Small problem. Cook only stepped down from Apple on September first, and he's still their executive chairman. Trump doubled down anyway on Stephen A. Smith's podcast, saying Cook just sort of semi retired and even suggesting Apple would never be what it is if Steve Jobs were still around. That line alone will keep Cupertino busy all week.
Meanwhile the three and a half trillion dollar chipmaker is actually being run by its CFO on an interim basis, and the board, not the White House, gets to choose what happens next.
This is Liu Yang, reporting for HIT.
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