US President Donald Trump has defended Nvidia Chief Executive Jensen Huang after reports linked him to a Chinese businesswoman accused of espionage. Trump said Huang told him he had no knowledge that the woman was allegedly working as a Chinese intelligence agent.
Speaking to reporters at the White House on Monday, Trump revealed that he had personally questioned Huang about the allegations. The president said he believed the technology executive’s denial and hoped the controversy would not create further problems for him.
Trump also described Huang as an exceptional businessman who was facing considerable personal pressure following the revelations.
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FBI Investigates Alleged Chinese Intelligence Links
The controversy emerged after reports suggested that Huang had a close relationship with Alice Huang, a Chinese businesswoman suspected of sharing information with Beijing.
US intelligence officials reportedly believed she had links to Chinese intelligence services. However, China rejected the allegations, describing the claims as baseless accusations and an attempt to damage its reputation.
Trump said he had only learned about the matter recently and confirmed that the FBI was examining the issue. He also said he had not known about the allegations when Huang accompanied him during his visit to China in May.
Nvidia Launches Independent Investigation
Nvidia’s board of directors has launched an independent investigation into whether Huang was targeted by a foreign intelligence operation. The company said it had no reason to believe that its confidential information or national security secrets had been compromised.
Meanwhile, Huang acknowledged having an extramarital affair in a message to Nvidia employees and apologised to his family and colleagues. He did not disclose further details about the relationship.
The controversy has also affected investor confidence, with Nvidia shares falling more than four percent on Monday. Additionally, shareholders filed a proposed lawsuit accusing Huang and the company of concealing information about his alleged connections.
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