Jensen Huang Resigns as Nvidia CEO; Shares Drop 10.8% as Trump Calls Tim Cook the 'Only One Man' to Replace Him

Nvidia announced that Jensen Huang resigned as president, CEO and board member effective immediately. CFO Colette Kress was named interim chief, and Harvey C. Jones became the board's first-ever chair. Shares fell 10.8% premarket to $154.91. President Trump wrote on Truth Social that Huang 'has done a fantastic job' and said 'A Legend replaces a Legend!' while calling Apple's Tim Cook the 'only one man' to replace Huang.