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US President Donald Trump has confirmed that the Federal Bureau of Investigation (FBI) is looking into allegations surrounding Nvidia Chief Executive Officer Jensen Huang’s relationship with a businesswoman suspected of working for Chinese intelligence.
Trump disclosed the investigation during a White House press briefing on Monday, November 9, 2026, after speaking directly with Huang about the allegations.
The US president said he asked the technology executive whether he knew the woman was allegedly a Chinese spy. According to Trump, Huang denied having any knowledge of her suspected intelligence activities.
Trump said he believed Huang’s explanation and expressed confidence that the Nvidia chief would emerge from the controversy in good shape.
The allegations centre on Alice Huang, a former executive of Singapore-based technology company Megaspeed International. US intelligence officials reportedly believe she gathered information for Beijing, raising concerns about her relationship with the head of one of America’s most strategically important technology companies.
The woman is not related to Jensen Huang, despite sharing his surname.
The controversy gained attention following reports that US intelligence officials had identified Alice Huang as a Chinese intelligence asset. The reports raised questions about whether her relationship with the Nvidia chief could have exposed sensitive business information or created an opportunity for foreign intelligence gathering.
Jensen Huang, 63, subsequently acknowledged having an extramarital affair with a business executive. In an open letter to Nvidia employees, he admitted being unfaithful to his wife and apologised for the pain caused to his family and the company.
Although he did not identify the woman in his statement, Huang acknowledged the concerns surrounding the relationship and said he would cooperate fully with the investigation.
He also reaffirmed his commitment to protecting Nvidia and supporting American national security.
Nvidia’s board of directors announced an independent investigation into reports that Huang had been targeted by a foreign intelligence operation. The inquiry will examine available information and assess whether the relationship created any security risks for the company or the United States.
The board said it had no reason to believe that Nvidia’s confidential information or national security interests had been compromised.
The investigation has attracted attention because Nvidia occupies a central position in the global artificial intelligence industry. Its advanced processors power major AI systems, data centres and other technologies that have become important to the economic and national security interests of the United States and China.
The company also operates at the centre of Washington’s efforts to restrict Beijing’s access to advanced semiconductor technology. Huang has repeatedly engaged US officials over export restrictions and opportunities for Nvidia to sell certain chips to Chinese customers.
China’s Foreign Ministry has rejected the espionage allegations, describing them as unsubstantiated accusations intended to smear the country.
The controversy comes at a sensitive time in US-China relations, with Trump expected to meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit in Shenzhen.
Asked whether he would raise the allegations with Xi, Trump indicated that he did not intend to make the issue part of their discussions, although he acknowledged that the Chinese leader might ask about it.
Meanwhile, the allegations have created uncertainty around Nvidia’s corporate governance and the security arrangements surrounding its chief executive.
Nvidia shares fell 4.27 per cent on Monday, November 9, amid investor concerns about the developing controversy. The decline wiped nearly $200 billion off the company’s market value during the trading session.
Some shareholders have also filed a proposed class-action lawsuit accusing Nvidia and Huang of concealing information about his relationship with the suspected Chinese intelligence asset.
The US Congress is seeking further explanations from Huang about the company’s security procedures and his reported interactions with the woman. Congressional committees have requested a closed-door briefing on Nvidia’s safeguards against foreign intelligence operations.
However, the allegations have not established that Huang knowingly participated in espionage or that Nvidia’s confidential information reached the Chinese government.
The FBI’s investigation and Nvidia’s independent inquiry are expected to examine the outstanding questions surrounding the relationship, including whether any sensitive information was exposed.
Trump has publicly expressed confidence in Huang, but the investigations will determine whether the allegations reveal any security or corporate governance failures.
