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BackTrump doesn’t plan to raise Nvidia, spy issue during China trip: U.S. officials
Trump doesn’t plan to raise Nvidia, spy issue during China trip: U.S. officials
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CNBC14 minutes agoPolitics2 min read

Trump doesn’t plan to raise Nvidia, spy issue during China trip: U.S. officials

Senior U.S. officials say Nvidia situation will not factor into Trump's Asia-Pacific Economic Cooperation summit visit to Shenzhen

Quick Look

  • President Donald Trump will not raise the issue of a suspected Chinese spy who allegedly had an affair with former Nvidia CEO Jensen Huang during his upcoming trip to China, senior U.S. officials said.
  • Elon Musk will accompany Trump to Shenzhen for the Asia-Pacific Economic Cooperation summit, where Trump plans a three-way summit with Chinese leader Xi Jinping and Russian President Vladimir Putin.

AI-generated summary

Why It Matters

Jensen Huang resigned as Nvidia's CEO after reports that he had an affair with Alice Huang, an executive of Megaspeed, a Singapore-based cloud-computing company being eyed for possible facilitation of sending billions of dollars worth of Nvidia chips in violation of U.S. restrictions. The White House said Trump plans a three-way summit with Xi Jinping and Vladimir Putin during his Asia-Pacific Economic Cooperation trip to Shenzhen.

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President Donald Trump does not plan to raise the issue of a suspected Chinese spy having an affair with former Nvidia CEO Jensen Huang during his upcoming trip to China, senior U.S. officials told reporters on Friday evening.

Officials said they do not expect the situation with Nvidia to have any bearing on the trip, and that they do not expect it to figure into any conversations between U.S. officials and the Chinese during the visit.

"I don't expect the president to raise it, the Alice Huang issue," a senior U.S. official, referring to the alleged spy who had an affair with Jensen Huang. The two are not related.

Officials also said that Elon Musk will accompany Trump on the trip to Shenzhen, China, for the Asia-Pacific Economic Cooperation summit.

The White House earlier Friday said that Trump plans to have a three-way summit while there with Chinese leader Xi Jinping and Russian President Vladimir Putin.

Huang resigned this week as Nvidia's CEO after damning reports that he had an affair with Alice Huang, who was an executive of Megaspeed, a Singapore-based cloud-computing company that is being eyed for possible facilitation of sending billions of dollars worth of Nvidia chips in violation of U.S. restrictions on those chips. Alice Huang is not related to Jensen Huang.

The scandal has rocked Nvidia and raised questions about whether the Commerce Department, which is led by Trump's friend Howard Lutnick, has been aggressive enough at blocking advanced chips from ending up in China.

This is breaking news. Please refresh for updates.

What to Watch

AI outlook — possibilities, not facts

  • The Commerce Department will face increased scrutiny over chip export enforcement to China

    Likely · Within weeks

  • Trump will not raise the Alice Huang issue during his China trip

    Very likely · Within days

Open Questions

  • Whether Alice Huang actually facilitated chip shipments in violation of U.S. restrictions
  • Whether the Commerce Department has been aggressive enough at blocking advanced chips from reaching China
  • What the outcome of the planned three-way summit between Trump, Xi Jinping, and Vladimir Putin will be

Related Topics

This article was originally published by CNBC.

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