Jensen Huang remains Nvidia’s chief executive as the chipmaker investigates whether he was targeted by a foreign intelligence operation. US President Donald Trump said on Monday that he had spoken to Huang and believed his account that he was unaware of any alleged intelligence role involving the Chinese businesswoman linked to him. Trump also said the FBI was looking into the matter.
Nvidia’s board backs Huang during the inquiry
Nvidia announced on Sunday that a committee of independent directors, assisted by outside lawyers, would oversee the investigation. The board said it had no reason to believe that US national security or Nvidia’s confidential information had been compromised. It expressed confidence in Huang and his leadership team, and said he had committed to co-operating with the review. An Nvidia spokesperson said Huang would continue to lead the company while the inquiry proceeds.
The investigation follows reporting by The New York Times that Huang had a relationship with Alice Huang, an unrelated former executive at Singapore-based Megaspeed, an Nvidia customer. The newspaper reported that US intelligence officials believed she had passed information to Beijing. Jensen Huang acknowledged an affair. China’s foreign ministry rejected the espionage allegation, calling it an attempt to discredit Beijing.
Trump says he believes Huang’s account
Trump initially told reporters on Sunday that he had not discussed the allegations with Huang. At a White House briefing on Monday, he said he had since spoken directly to the Nvidia chief. Trump said Huang told him he had been unaware of the woman’s alleged intelligence role, and that he believed him. His account of the conversation came a day after Nvidia announced its own review.
Shares fall as investors assess the fallout
Nvidia shares closed 4.3% lower on Monday at $178.67. The inquiry comes as Washington weighs how tightly to restrict China’s access to advanced US chips. Nvidia’s processors are widely used to train and run artificial intelligence models, putting the company at the centre of that policy debate while its board examines the allegations.
Newshub Editorial in North America – 10 November 2026
Jensen Huang remains Nvidia’s chief executive as the chipmaker investigates whether he was targeted by a foreign intelligence operation. US President Donald Trump said on Monday that he had spoken to Huang and believed his account that he was unaware of any alleged intelligence role involving the Chinese businesswoman linked to him. Trump also said the FBI was looking into the matter.
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