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Trump says ex Apple CEO Cook is 'a legend', should replace Huang at Nvidia

Via Reuters

Trump says ex Apple CEO Cook is 'a legend', should replace Huang at Nvidia Reuters Thu, November 12, 2026 at 11:11 AM EST 1 min read AAPL +0.29% NVDA -5.56% GC=F -3.02% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Nov 12 (Reuters) - US President Donald Trump said on Thursday that former Apple Inc Chief Executive Tim Cook should replace ‌Jensen Huang as the CEO of Nvidia.

"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," Trump said on social media. "A Legend replaces a Legend!" he added.

Cook stepped down after a 15-year stint as Apple's CEO in September and is now executive chairman ‌at the iPhone-maker.

Apple and Cook ⁠did not immediately respond to requests for comment.

Last year, Cook presented Trump with a custom US-made plaque mounted ⁠on a 24-carat gold stand commemorating Apple's "American Manufacturing Program", after saying it would invest an additional $100 billion in domestic manufacturing.

Huang resigned as CEO and ​a member ​of the board on Thursday after ​reports said he had an ‌affair with a Chinese businesswoman whom US authorities suspect of spying for Beijing. Nvidia has announced that Chief Financial Officer Colette Kress will take over as interim CEO.

Trump, who has maintained close ties with top US tech executives in his second term, said on Monday that ‌he had spoken to Huang and the ​CEO told him that he did not ​know the woman linked ​to him was allegedly a spy. Huang is one ‌of Trump's closest allies in Silicon ​Valley, and the ​relationship between the two dates to at least 2025.

Over the past two years, Huang has repeatedly voiced support for the administration's ​agenda and become a ‌regular presence in Washington as Nvidia sought to sell advanced ​chips to the Chinese market.

(Reporting by Bhargav Acharya, Ismail Shakil ​and Aditya Soni;Editing by David Ljunggren)

Read original at Yahoo Finance News

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