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Nvidia CEO Affair: FBI Probes Links to Chinese Intelligence

President Trump confirms federal inquiry into Jensen Huang's relationship with an alleged spy, prompting a stock drop and congressional scrutiny.

By Kofi Costa ·

Illustration for: Nvidia CEO Affair: FBI Probes Links to Chinese Intelligence
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President Donald Trump confirmed on Monday that the Federal Bureau of Investigation is examining the personal relationship between Nvidia CEO Jensen Huang and a woman identified by U.S. intelligence as a Chinese government agent. Speaking at a White House briefing, Trump stated he believes Huang will be in good shape despite the ongoing federal review. The President noted that he personally called Huang to check on his well-being and that the executive expressed surprise that his partner was a spy.

The revelation has disrupted markets and political discussions regarding artificial intelligence security. Nvidia shares fell more than 4 percent in Monday trading. Since last Wednesday, the stock has lost roughly 11 percent of its value. The company announced on Sunday that it is conducting its own independent investigation into reports that Huang was the target of a foreign intelligence effort. In an open letter posted on the company website, Huang apologized to his wife and the firm, stating that he supports the investigation and will cooperate fully to protect America's national security.

Congress is moving to scrutinize the matter further. Senator Mark Warner and Representative Hakeem Jeffries said Monday that they are interested in investigating the situation. Jeffries noted that the issue arose during a closed-door session with the CIA director and the Director of National Intelligence. He said lawmakers need a full briefing to understand the implications for national security. The New York Times reported that U.S. intelligence determined the woman was gathering information for Beijing.

Beijing rejected the allegations on Monday. Ministry of Foreign Affairs spokesperson Guo Jiakun called the spy claim unsubstantiated and described it as smears against China. Chinese state media echoed this stance, with the Global Times suggesting the report was designed to destabilize U.S.-China relations. Trump is scheduled to meet with Chinese leader Xi Jinping next week in Shenzhen for the Asia-Pacific Economic Cooperation summit. The President said he might discuss the situation with Xi but expressed confidence in Huang's honorability.

The episode highlights Huang's influence on U.S. technology policy. He has advised the administration to take a lighter touch on AI regulation, arguing that existing laws can cover security issues. Huang recently won approval to sell H200 chips to China, though Nvidia reported in August that sales remained limited due to Chinese restrictions. Alice Huang, the woman in question, is a former executive at Megaspeed International, a Singapore-based data center firm that lists Nvidia as a partner. Megaspeed and the Singapore Ministry of Home Affairs did not immediately respond to requests for comment.

FBI counterintelligence probes often examine foreign efforts to steal technology or cultivate relationships with influential figures. These investigations can take years and do not always lead to criminal charges. Analysts are watching to see if any confidential information was compromised. George Chen, a partner at The Asia Group, said the key questions involve Huang's awareness of espionage and whether sensitive data was exposed. He noted that these questions require evidence rather than speculation.

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