President Trump Supports Nvidia CEO Jensen Huang Amid Spy Allegations
President Donald Trump backed Nvidia CEO Jensen Huang on Sunday, following Huang's admission of infidelity and allegations of a Chinese spy plot. Trump referred to Huang as an "honorable guy" and suggested he might have an excuse for his actions.
In response to a question about his knowledge of the affair earlier, Trump stated that he hadn't spoken to Huang but added that he believed Huang's contributions to the US were significant and he should remain as CEO of Nvidia.
In a memo to Nvidia employees, Huang revealed his infidelity and acknowledged hurting his family. He also mentioned that the company's board was investigating potential foreign intelligence agency targeting.
According to The New York Times, US intelligence agencies concluded that Huang was the target of a Chinese spy plot, with a Chinese business executive, Alice Huang, allegedly passing information to Beijing. Huang previously described his relationship with her as "normal."
Nvidia's board stated that they had no reason to believe national security or company secrets were compromised but would investigate the available information. Huang is cooperating with the inquiry.
Huang's role in Washington's chip-export restrictions debate has been significant, advocating against strict limits on US chip sales to China, fearing it could benefit Chinese competitors.