Trump backs 'brilliant' Nvidia CEO after report of Chinese spy plot

President Donald Trump expressed his support for Nvidia CEO Jensen Huang on Saturday after a report emerged that Huang was targeted by a Chinese spy plot. The US intelligence concluded that a Chinese executive, linked to a Singapore-based data center company, had been passing information to Beijing through interactions with Huang. However, China dismissed the report as "groundless speculation."

During a press conference at his Florida residence, Trump conveyed his respect for Huang, stating that he hopes the situation will be resolved favorably. The President assured that the US will investigate the matter thoroughly. When asked if he would continue to rely on Huang as an advisor, Trump indicated a willingness to do so, provided no new evidence emerged to the contrary. He described Huang as "above board" in his dealings.

Huang has previously advised Trump on AI policy and participated in a visit to Beijing with other tech CEOs in May to meet with Chinese President Xi Jinping. The Taiwanese-born entrepreneur has advocated for the adoption of Nvidia's chips in China, a country that is rapidly advancing its own semiconductor industry.