Donald Trump suggests Tim Cook as Jensen Huang's replacement at Nvidia after CEO's resignation

US President Donald Trump on Thursday suggested Apple Executive Chairman Tim Cook as a potential replacement for Jensen Huang as Nvidia CEO, following Huang's resignation from the chipmaker.

In a post on his Truth Social platform, Trump said: "Now that Nvidia CEO Jensen Huang, who has done a fantastic job, has resigned, there is only one man to take his place - Tim Cook of Apple."

Also read: Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transition

Trump's suggestion comes after Nvidia announced that Huang had stepped down as president, CEO and a member of its board, with immediate effect. The company has appointed Chief Financial Officer Colette Kress as interim CEO while its board begins the search for a permanent successor. Harvey C Jones has also been appointed as the company's first-ever chairman.

Huang's resignation comes amid reports of two alleged extramarital relationships, including one involving Alice Huang, a former executive at Singapore-based Megaspeed International who is suspected by US authorities of passing information to Beijing. The developments had raised concerns over potential national security risks and Nvidia's succession planning.

Nvidia has previously denied wrongdoing in connection with allegations surrounding its business dealings, while the company has said it has no reason to believe its trade secrets or national security have been compromised.