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Tuesday, 10 November 2026Madhya Pradesh edition
Citizen Square, front page
● Ongoing: The Nvidia CEO inquiry

FBI examining Nvidia chief Jensen Huang’s affair with suspected spy, Trump says

Mr. Trump said he believed Mr. Huang knew nothing of any spying; Nvidia shares fell about 3% in after-hours trading as its board began an inquiry.

India DeskPublished 10 Nov 2026, 07:33 IST

US President Donald Trump said on 9 November that the FBI was looking into Nvidia chief executive Jensen Huang’s relationship with a woman whom US officials suspect of working for Chinese intelligence.

“I know the FBI is looking into it,” Mr. Trump told reporters at the White House, according to Al Jazeera. He said he had spoken to Mr. Huang, who told him he had no idea the woman was a spy. “I really believe him,” Mr. Trump said.

What is new

Nvidia’s board announced on 8 November that it had opened an inquiry, overseen by outside lawyers. It said it had no reason to believe that national security or company secrets had been compromised. In a separate statement, Mr. Huang admitted to an extramarital relationship, apologised to his family, staff and shareholders, and said he would cooperate with the inquiry.

The woman, Alice Huang, is a former executive of Megaspeed, a data centre company in Singapore. She is not related to Mr. Huang. The New York Times and the Financial Times reported that a memo by US officials said she had gathered information for China’s Ministry of State Security.

China’s Foreign Ministry said on 9 November that the claims were groundless and meant to smear China.

The markets

Nvidia’s shares traded at about $180 in after-hours trading on 9 November, about 3.4% below their close of $186.64 on 6 November, Reuters reported. Mr. Huang’s daughter Madison, an Nvidia executive, cancelled a planned visit to Seoul.

Nvidia makes most of the chips used to train and run large artificial intelligence models. It is worth more than $4 trillion.

What’s next

The board has not said when its inquiry will report.

The story so far · The Nvidia CEO inquiry
  • Nvidia's board opened an inquiry on 8 November into reports that chief executive Jensen Huang was targeted by Chinese intelligence.
  • Mr. Huang has admitted an affair with Alice Huang, an executive of the Singapore company Megaspeed whom US officials suspect of spying for China.
  • A shareholder has sued Nvidia and Mr. Huang in a California federal court, saying investors were not told of the relationship and its risks.
  • President Donald Trump says the FBI is looking into the matter and that he believes Mr. Huang knew nothing of any spying; China calls the claims a smear.
  • A House of Representatives committee on China has asked Mr. Huang to appear on 18 November.

What’s next18 November 2026: Mr. Huang is due before the House Select Committee on China.

Updates · The Nvidia CEO inquiry
  1. 10 Nov 2026Shareholder sues Nvidia and Jensen Huang over CEO’s ties to suspected Chinese spy
  2. 10 Nov 2026Nvidia shares fall 4% as Congress committee summons Jensen Huang for 18 November
  3. 10 Nov 2026FBI examining Nvidia chief Jensen Huang’s affair with suspected spy, Trump says

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