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After Huang Renxun resigned as CEO of Huida, Trump nominated Cook to take over, but this was considered almost impossible. Markets and analysts were more optimistic about Buck and Kelis, HUIDA’s internal senior executives.
Nvidia co-founder Jensen Huang resigned as CEO of US President on Thursdaytrump Name the former CEO of Apple?to cook Take that, but analysts believe the chances are close to zero. Traders on forecasting platform Kalshi are more optimistic about Huida’s internal candidates, with Vice President Ian Buck and interim Chief Financial Officer Colette Cress the most likely to take over.
Trump posted a message on the social media Truth Social on Thursday afternoon, saying that the only person who can succeed Huang Renxun is Cook, “Legends succeed legends!”
Cook stepped down as CEO of Apple on September 1 and currently serves as executive chairman of Apple’s board of directors.
Barron’s quoted Ed O’Gorman, CEO and managing partner of River Wealth Advisors, as saying that Apple is the world’s largest consumer technology company, while Huida produces chips that power technology hardware operations. The business of both the companies is completely different. Cook’s advantages cannot be transferred, and the probability of him capturing Huida is close to zero.
Cook has also been criticized for Apple’s AI progress. Apple collaborated with AI Lab to launch the Apple Intelligence update, but the features launched have not yet surprised consumers. O’Gorman explained that Cook has been very cautious about introducing AI applications, while Huida has created a risk-taking and effective engineering culture.
Joe Tyge, portfolio manager at Equity Armor Investments, also said that Cook has proven operational and external communications skills, and his name may reassure the market, but the chances of a transfer to Huida are very low. Trump’s comments should be construed as singling out a candidate, and cannot be construed as representing the wishes of HUIDA’s board of directors or Cook himself.
According to a CNBC report, Kalshi traders are betting that Buck, who is responsible for Huida’s ultra-large-scale and high-performance computing business, has a 35% chance of taking over as CEO; Kelis has a 29% chance of officially taking over the company.
Summary FAQ
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Although Trump said that Cook is the only person who can succeed Huang, analysts believe that Apple and Huida’s businesses are too different, and Cook’s management advantages are difficult to transfer to the chip company, so the probability of succession is almost zero.
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According to Kalshi data cited by CNBC, Buck, who is responsible for the ultra-large-scale and high-performance computing business, has a 35% chance of taking over, while CFO Clair has a 29% chance of officially taking over the company. Both of these are the most favorites in the market.
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Experts point out that Apple is a consumer technology giant, while Huida has chip and engineering culture. Both companies require different capabilities. Although Cook is good at operations and communication, he is cautious about the introduction of AI, which may not suit Huida’s style.
