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Jensen Huang resigned as Nvidia's CEO on the morning of November 13, 2026, following reports of affairs, including one with an alleged Chinese spy, and the company is now led on an interim basis by its CFO. President Donald Trump quickly floated former Apple CEO Tim Cook as the person who should take over the chipmaker. Cook stepped down as Apple CEO on September 1 and moved into an executive chairman role, according to The Verge. The leadership change at one of the world's most valuable chipmakers could have wide consequences for the AI industry.