N. T. Engler, CEO and CIO of Laffer Tengler Investments, said Nvidia could thrive beyond Jensen Huang's tenure as founder and leader.
"It is possible to replace an iconic CEO with a different kind of CEO. And I think the vision is in place at Nvidia," Engler said.
Engler, who leads an investment management firm, drew a parallel to Apple's transition from Steve Jobs to Tim Cook. Jobs co-founded Apple and died in October 2011. Cook, who had been Apple's chief operating officer, took over and expanded the company's market value and services business.
Huang co-founded Nvidia in 1993 and has served as president and CEO since its inception. He is widely recognized for driving the company's focus on graphics processing units and positioning Nvidia at the center of the artificial intelligence boom. Nvidia dominates the market for AI accelerators, with its GPUs being critical components for training and deploying large language models.
Engler's comments came as Nvidia shares fell 4.3 percent to $166.19 on Thursday. Nvidia's stock has surged in recent years due to high demand for its AI chips.
