Trump backs Tim Cook to replace Jensen Huang as Nvidia CEO
President Donald Trump has publicly endorsed former Apple CEO Tim Cook to replace Jensen Huang, who resigned Thursday as Nvidia's CEO amid a sex and spying scandal. Trump called Cook "the only man" for the job, saying it would mean "a Legend replaces a Legend." Huang stepped down after reports revealed an affair with Alice Huang, a suspected Chinese intelligence asset, and a separate affair with Nvidia VP Kimberly Powell. The scandal has wiped hundreds of billions off the chipmaker's value, with shares plunging 10 percent Thursday. Nvidia's board has launched an internal investigation. Cook, 66, served as Apple's CEO until earlier this year and remains executive chairman. The scandal has raised national security concerns among lawmakers, with Republicans calling for Huang's testimony and Democrats demanding records preservation. Trump has denied prior knowledge of the alleged espionage ties.