Trump and Silicon Valley Billionaires Defend Nvidia CEO Jensen Huang
Nvidia CEO Jensen Huang faces internal and FBI investigations after admitting to a relationship with an alleged Chinese spy, sparking public defense from President Donald Trump and Silicon Valley billionaires including Elon Musk. Trump said he spoke with Huang, who denied knowing the woman was a spy, and expressed belief in his account while noting the FBI is investigating. Musk and investors like Bill Ackman publicly supported Huang, calling the affair a personal mistake rather than betrayal. Nvidia's board launched an inquiry after reports that Alice Huang allegedly pressured him to lobby for relaxed China export controls. China dismissed the accusations as unfounded, while Nvidia shares fell 4.2 percent on Monday.