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Nvidia shares fall amid spying allegations

Though US President Donald Trump lent the Nvidia boss his backing, the widening scandal intensified worries over Nvidia’s leadership.

Nvidia shares fall amid spying allegations

CHICAGO: US President Donald Trump praised Nvidia CEO Jensen Huang as an "honorable person" and a contributor to the United States on Sunday, despite allegations involving a Chinese businesswoman, according to reports. Trump stated that he had not discussed these allegations with Huang, adding, "I have not spoken to him about it.

I just know he’s a fine person." Huang has been lauded by Trump for his "amazing job for our country," the president remarked. Meanwhile, Nvidia revealed it was investigating whether Huang was targeted by a foreign intelligence operation following a media report alleging a close relationship with a Chinese businesswoman who had allegedly passed information to Beijing.

Trump suggested Huang might accompany him on an upcoming Asia trip, saying, "I don’t know, but I’d certainly take him."

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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