Trump-Nvidia CEO ties under scrutiny over espionage probe

President Donald Trump's close ties with Nvidia CEO Jensen Huang are under scrutiny after the chipmaker announced an investigation into whether its leader was targeted by a foreign intelligence operation. The probe follows a New York Times report linking Huang to Chinese businesswoman Alice Huang, suspected of passing information to Beijing. Nvidia's board opened the inquiry after the report detailed Huang's relationship with Alice Huang, a former Megaspeed executive. US intelligence suspects she transmitted information to the Chinese government. Nvidia shares fell 4.27% Monday, while Democratic lawmakers demanded answers from Commerce Secretary Howard Lutnick and called for suspending advanced AI chip exports to China. Huang has had direct access to Trump since at least December 2025, accompanying him to China in May and attending a state dinner for Xi Jinping in September. Trump said Monday the FBI is investigating the matter, while China's foreign ministry dismissed the espionage accusations as baseless.