What if Huang wanted to resign at the top of success because more and significantly worse news is coming? For example all circular deals could collapse soon.

Then the new CEO will be blamed and Huang retains the tech wizard and visionary label. So maybe no CEO wants this job. Tim Cook, named by Trump, certainly won't ruin his reputation by taking over this mess.

This theory sounds suspiciously like what happened to Disney pre-Covid. Iger left and appointed Chapek, who took the fall for the majority of the covid-era failings.