Nvidia Board Plans to Oust Jensen Huang; Former Apple CEO Tim Cook Named as Potential Successor
Nov. 12 — According to data from the Polymarket prediction market, the odds of Nvidia CEO Jensen Huang leaving the company have surged to 86%. Former Apple CEO Tim Cook has been named as a potential replacement for Huang, and related reports have attracted more than a million views in five hours.
The news follows a flurry of media reports. The Wall Street Journal reported that Nvidia’s board is preparing to remove Huang and could meet as early as Wednesday local time to decide his fate.
That’s not all: The New York Times also reported that Huang had a second affair with Kimberly Powell, a senior executive who reports directly to him, further heightening the board’s sense of urgency.
The capital markets reacted sharply, with Nvidia shares briefly falling about 8% in after-hours trading. Nvidia is estimated to have lost about $600 billion in market value this week. The board has now hired an external executive search firm to find a successor and is considering appointing an interim CEO during the transition.
As for why former Apple CEO Tim Cook has been named as a potential candidate, he successfully succeeded Steve Jobs, growing Apple’s market value from $350 billion to $4 trillion, and has extensive experience managing a major company.
However, so far there is no concrete evidence that Nvidia’s board is actually in contact with Cook. The board has not announced a final decision, and Cook has not commented. The battle over Huang’s future continues to unfold.
#英伟达CEO去留
Nov. 12 — According to data from the Polymarket prediction market, the odds of Nvidia CEO Jensen Huang leaving the company have surged to 86%. Former Apple CEO Tim Cook has been named as a potential replacement for Huang, and related reports have attracted more than a million views in five hours.
The news follows a flurry of media reports. The Wall Street Journal reported that Nvidia’s board is preparing to remove Huang and could meet as early as Wednesday local time to decide his fate.
That’s not all: The New York Times also reported that Huang had a second affair with Kimberly Powell, a senior executive who reports directly to him, further heightening the board’s sense of urgency.
The capital markets reacted sharply, with Nvidia shares briefly falling about 8% in after-hours trading. Nvidia is estimated to have lost about $600 billion in market value this week. The board has now hired an external executive search firm to find a successor and is considering appointing an interim CEO during the transition.
As for why former Apple CEO Tim Cook has been named as a potential candidate, he successfully succeeded Steve Jobs, growing Apple’s market value from $350 billion to $4 trillion, and has extensive experience managing a major company.
However, so far there is no concrete evidence that Nvidia’s board is actually in contact with Cook. The board has not announced a final decision, and Cook has not commented. The battle over Huang’s future continues to unfold.
#英伟达CEO去留
