'He had no idea she was a spy': Trump backs Nvidia CEO Jensen Huang

US President Donald Trump on Monday said he had spoken to Nvidia CEO Jensen Huang about allegations that a Chinese businesswoman with whom he had a close relationship was involved in espionage for Beijing, adding that he believed Huang had no knowledge of her alleged activities. Trump said he was "amazed" by the allegations and that the FBI was looking into the matter. He described Huang as a “very honorable man” and expressed confidence that the Nvidia chief would be “in good shape”. "I asked him that question 'Did you have any idea that she was a spy?' He said 'I had no idea that she was a spy' and I really believe him," Trump told a White House briefing. "I know the FBI is looking into it," Trump said. "I think that he'll be in good shape," he added. The remarks came after The New York Times reported that US intelligence officials believed the woman, a Chinese business executive, had been gathering information for Beijing. Nvidia's board on Sunday announced an independent investigation into reports that Huang had been the “target of a foreign intelligence effort”. The company's shares fell to a seven-month low on Monday. Huang has acknowledged being intimate with a business executive but did not identify the woman. In an open letter published on Nvidia's website, he apologised to his wife and the company, while pledging to cooperate with the investigation. “I support the investigation and will cooperate fully. I love our country and our company. I am committed to protecting NVIDIA and supporting America’s national security,” Huang said. China denied the allegations on Monday, with a Foreign Ministry spokesperson dismissing claims that Beijing had used the woman to gather information as unsubstantiated and a smear campaign against the country. Huang is among Trump's closest allies in Silicon Valley. Their relationship dates back to at least 2025, and the Nvidia chief has repeatedly voiced support for the administration's agenda while making regular visits to Washington as the company sought to sell advanced chips to the Chinese market.