Trump says FBI probing Nvidia CEO Huang as China controversy deepens
WASHINGTON: US President Donald Trump said on Monday the FBI was looking into Nvidia CEO Jensen Huang’s affair with a Chinese businesswoman alleged to be a spy for Beijing. Trump said he “was amazed” by allegations about Huang, among the president’s closest allies in Silicon Valley. Trump said he had spoken to the CEO, who told him that he had no idea that the woman was a spy. “I know the FBI is…
US President Donald Trump announced on Monday that the FBI is investigating Nvidia CEO Jensen Huang for an alleged affair with a Chinese businesswoman suspected of being a spy for Beijing. Trump expressed amazement over the allegations, stating that Huang, a close ally in Silicon Valley, had no knowledge of the woman's alleged espionage activities.
The President mentioned that the FBI's probe would likely exonerate Huang. Nvidia's shares dropped over 4% after the company's board initiated an internal investigation following the allegations. Huang, 63, disclosed to his employees that he had been unfaithful to his wife, but did not provide details about the relationship. He maintains a prominent position in the tech industry, serving as Nvidia's largest shareholder with a 3.6% stake.
Despite the controversy, Nvidia's board remains confident in Huang, whom many consider the most influential figure driving the AI trade.
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