Trump confirmed Monday that the FBI is looking into allegations involving Nvidia CEO Jensen Huang and a Chinese businesswoman whom U.S. intelligence reportedly considers a Chinese intelligence asset. Huang has acknowledged an affair but says he did not know she was suspected of spying. Nvidia’s board has opened its own investigation, and shareholders have filed a proposed class-action lawsuit accusing the company and Huang of concealing information from investors.
The implications go beyond Huang’s personal life. Nvidia is central to the AI industry, and the controversy is giving lawmakers another reason to push restrictions on advanced chip sales to China. Trump has publicly defended Huang, while House Democratic leader Hakeem Jeffries is demanding answers. Nvidia shares fell 4.3% Monday, even while the broader market rallied.
https://apnews.com/article/63531dec0fe5c145afaac94dde31d478
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