FBI investigating Nvidia CEO amid espionage allegations

President Donald Trump confirmed that the FBI is investigating the matter concerning Huang’s relationship with a woman suspected of being a Chinese spy. The timing is particularly challenging for the AI giant, whose stock is already facing pressure.

During a press conference at the White House, Trump stated he personally spoke with Huang and inquired whether he was aware of the woman’s alleged intelligence activities. “He said he had no idea she was a spy, and I really believe him,” Trump said. The president did not clarify whether the FBI investigation directly targets Huang.

The allegations stem from media reports detailing a relationship between Huang and Alice Huang, a Chinese businesswoman and former executive at Megaspeed International, a Nvidia business partner. U.S. security circles suspect her of collecting information for Beijing.

Huang previously admitted to an extramarital affair to his employees and apologized to his family.

Nvidia has initiated its own investigation into the matter. An independent committee of the board of directors, along with external lawyers, will review all available information. Currently, there is no indication that U.S. trade secrets or national security have been compromised.

Huang is expected to remain CEO during the investigation. Despite this, the accusations are highly sensitive, especially as Nvidia is at the forefront of the global AI race. Huang is not only the face of the company but also a key negotiator with the U.S. government regarding the export of powerful AI chips to China.

Beijing has denied the espionage allegations, calling them unfounded. On the stock market, the affair is already having an impact. Nvidia’s stock fell by more than four percent on Monday, reaching its lowest point in seven months. The FBI investigation is adding to the uncertainty, and Huang’s position will likely remain a point of contention until the accusations are resolved. Investors should closely monitor the results of the independent investigation.