Sen. Pete Ricketts, R-Neb., discusses Jensen Huang’s resignation as Nvidia CEO, the need for an investigation and the national security implications if China gains access to U.S. chips on “Varney & Co.”
President Donald Trump suggested Thursday that former Apple CEO Tim Cook replace Jensen Huang as head of Nvidia, following Huang’s abrupt resignation, amid increased scrutiny of his personal conduct and potential national security concerns.
“NOW THAT JENSEN HUANG, CEO of Nvidia, who did a fantastic job, has resigned, there is only one man to replace him: TIM COOK of Apple. A legend replaces a legend!” Trump wrote at Truth Social.
The president’s endorsement comes as Nvidia faces a leadership shakeup following Huang’s departure from the artificial intelligence chipmaker he co-founded in 1993.
NVIDIA CEO JENSEN HUANG Resigns Amid Probe Into Relationship With Alleged Chinese Spy
Jensen Huang, CEO of Nvidia Corp., and President Donald Trump. (Graeme Sloan/Bonnie Cash/UPI/Bloomberg)
Nvidia on Thursday named CFO Colette Kress interim CEO while its board searches for a permanent successor, considering candidates from within and outside the company.
Nvidia CEO Jensen Huang speaks at the G20 Innovation Ministerial Conference September 2, 2026, in Chapel Hill, North Carolina. (Sean Rayford/Getty Images)
Cook stepped down as Apple CEO in September after 15 years at the helm of the company and is now executive chairman of the iPhone maker. Trump did not indicate whether Cook had expressed interest in taking the helm at Nvidia.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| NVDA | NVIDIA CORP. | 165.99 | -7.75 | -4.46% |
Huang’s resignation followed reports of two extramarital affairs, including a relationship with a Chinese businesswoman whom U.S. authorities suspect of spying for Beijing.
The allegations raise questions about whether the longtime tech executive could have been targeted by Chinese intelligence, given Nvidia’s central role in the global artificial intelligence industry and current tensions between the United States and China over advanced chips.
No evidence has been publicly established that Huang disclosed confidential information or that the woman obtained secrets from Nvidia. (Artur Widak/NurPhoto)
The reported relationship has fueled concerns about potential efforts by foreign intelligence services to access sensitive information involving one of the most strategically important U.S. technology companies. However, no evidence has been publicly established that Huang leaked confidential information or that the woman obtained secrets from Nvidia.
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Trump had previously defended Huang, saying Monday that he believed the executive’s account that he was unaware of the woman’s alleged ties to intelligence services.
Reuters contributed to this report.
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