16:56Machine-translated from Azerbaijani by AIRead in Azerbaijani
Trump: FBI Investigating Nvidia CEO’s Relationship With Woman Suspected of Espionage
US President Donald Trump has confirmed that the FBI is investigating Nvidia CEO Jensen Huang’s relationship with Alice Huang, who is suspected of working for Chinese intelligence. Jensen Huang has admitted to cheating on his wife. Nvidia has also launched an internal investigation into the matter. According to Trump, the CEO said he did not know the woman might be a spy.
Trump did not specify when he learned about the matter, saying he had heard about it recently. He emphasized that he was unaware of the relationship when he visited China in May 2026. However, US intelligence is alleged to have briefed the president on the matter about 1 year ago. Trump said the earlier intelligence memo had not made a strong impression on him. Alice Huang held an executive position at Singapore-based Megaspeed. US officials believe she has ties to China’s Ministry of State Security. She was allegedly selected to infiltrate Jensen Huang’s inner circle. Congress has summoned the CEO over the matter and expressed concern about Nvidia’s safeguards against foreign espionage. China denies that Alice Huang is an agent. Megaspeed was investigated on suspicion of smuggling $2 billion (approximately AZN 3.4 billion) worth of Nvidia chips into the Chinese market. The processors in question are used in artificial intelligence (AI) systems. Nvidia said its reviews found no signs that the chips had been diverted elsewhere. The company’s chief legal officer, Tim Teter, asked US officials for information about the investigation and Alice Huang’s detention in Singapore. At the end of 2025, the Justice Department asked the agency investigating the case to halt the process. Alice Huang was allegedly tasked with putting pressure on Jensen Huang. The objective was to ease restrictions on sales of AI chips in China. In 2025, the CEO obtained approval from the Trump administration for 2 agreements involving the sale of advanced chips to Chinese companies. One of the agreements permitted exports of H200 chips subject to a 25% tariff. However, there is no clear evidence that Alice Huang influenced Nvidia’s decisions.
Following the incident, Nvidia shares fell by more than 4% on Monday. As a result, the company’s market value declined by approximately $193 billion (approximately AZN 328.1 billion). At least 4 law firms have begun investigating whether investors were given misleading information. Rosen Law Firm has filed a class action lawsuit against Nvidia and Jensen Huang in California. The case may cover investors who purchased securities between October 9, 2025, and November 8, 2026. The investigation has also brought Nvidia’s governance rules into focus. Jensen Huang exercises broad control over the company’s affairs. There is no executive who could replace him immediately and no formal CEO succession plan. The board of directors said that national security and company secrets were not at risk and that it continued to have confidence in management. Legal experts believe the risks of investor claims and negligent oversight remain.
Trump did not specify when he learned about the matter, saying he had heard about it recently. He emphasized that he was unaware of the relationship when he visited China in May 2026. However, US intelligence is alleged to have briefed the president on the matter about 1 year ago. Trump said the earlier intelligence memo had not made a strong impression on him. Alice Huang held an executive position at Singapore-based Megaspeed. US officials believe she has ties to China’s Ministry of State Security. She was allegedly selected to infiltrate Jensen Huang’s inner circle. Congress has summoned the CEO over the matter and expressed concern about Nvidia’s safeguards against foreign espionage. China denies that Alice Huang is an agent. Megaspeed was investigated on suspicion of smuggling $2 billion (approximately AZN 3.4 billion) worth of Nvidia chips into the Chinese market. The processors in question are used in artificial intelligence (AI) systems. Nvidia said its reviews found no signs that the chips had been diverted elsewhere. The company’s chief legal officer, Tim Teter, asked US officials for information about the investigation and Alice Huang’s detention in Singapore. At the end of 2025, the Justice Department asked the agency investigating the case to halt the process. Alice Huang was allegedly tasked with putting pressure on Jensen Huang. The objective was to ease restrictions on sales of AI chips in China. In 2025, the CEO obtained approval from the Trump administration for 2 agreements involving the sale of advanced chips to Chinese companies. One of the agreements permitted exports of H200 chips subject to a 25% tariff. However, there is no clear evidence that Alice Huang influenced Nvidia’s decisions. Following the incident, Nvidia shares fell by more than 4% on Monday. As a result, the company’s market value declined by approximately $193 billion (approximately AZN 328.1 billion). At least 4 law firms have begun investigating whether investors were given misleading information. Rosen Law Firm has filed a class action lawsuit against Nvidia and Jensen Huang in California. The case may cover investors who purchased securities between October 9, 2025, and November 8, 2026. The investigation has also brought Nvidia’s governance rules into focus. Jensen Huang exercises broad control over the company’s affairs. There is no executive who could replace him immediately and no formal CEO succession plan. The board of directors said that national security and company secrets were not at risk and that it continued to have confidence in management. Legal experts believe the risks of investor claims and negligent oversight remain.