Trump’s close ties to Nvidia’s Huang scrutinised after foreign intelligence concerns

U.S. President Donald Trump presents the National Medal of Science to Nvidia CEO Jensen Huang during the "A New Golden Age" summit at the U.S. Institute of Peace, renamed The Donald J. Trump Institute of Peace by the Trump administration, in Washington, DC, U.S., on October 8, 2026. | Photo Credit: Reuters U.S. President Donald Trump’s close relationship with embattled ‌Nvidia CEO Jensen Huang came under renewed scrutiny on Monday (November 9, 2026), after the company ​said its board was investigating whether the tech executive has been the target ⁠of a foreign intelligence effort.Mr. Huang is one of Mr. Trump’s closest allies in Silicon Valley, and the relationship between the two dates to at least 2025. Over the past two years, he has repeatedly voiced support ‌for the administration’s agenda and become a regular presence in Washington as Nvidia sought to sell advanced chips to the Chinese market.Advanced chips are the backbone of ‌the U.S. AI boom and government officials have previously tried to restrict China’s access to ‌them ⁠through export controls to stifle its AI capabilities.Nvidia’s board launched its probe after ⁠a New York Times report said Mr. Huang had a close relationship with a Chinese businesswoman whom U.S. intelligence officials believe passed information to the Chinese government. Nvidia shares hit a seven-month low on Monday (November 9, 2026).Mr. Huang has a direct line to the ​president. A Reuters reporter saw Huang’s full ‌name pop up on Mr. Trump’s phone in December 2025.Mr. Huang flew with Mr. Trump to China on Air Force One in May, the first visit by a U.S. president to China in nearly a decade. Mr. Huang attended a high-profile state dinner in September for Chinese President ‌Xi Jinping at the White House. The company committed $25 million for Mr. Trump’s planned ​White House ballroom, according to media reports.The New York Times reported that Mr. Trump was briefed on Mr. Huang’s relationship with the woman and that she was giving information ⁠to the Chinese government, and chose not to act on the information.Neither the White House nor Nvidia’s communications team immediately responded to a Reuters request for comment on their relationship.“I’m pushing to investigate ‌Jensen Huang and Nvidia to determine whether our national security was compromised,” said Senator Chris Coons, a Delaware Democrat, in a post on X. “We need answers about the relationship between AI billionaires and the Trump administration, who’s making these decisions, and who’s really got their hand on the wheel.”Mr. Huang’s relationship with Mr. Trump has coincided with several favourable policy developments for the company. In April 2025, the administration backed off plans to restrict exports of certain Nvidia AI chips to China ‌after Mr. Huang attended a dinner at Mr. Trump’s Mar-a-Lago club in Florida.In December 2025, Mr. Trump said the U.S. would ​allow Nvidia to export its H200 processors, its second-best AI chips, to China and collect a 25% fee on such sales.Mr. Trump has lavished Mr. Huang with praise, ⁠awarding him the nation’s highest honour for scientific achievement in October. The same day Mr. Trump gave Mr. Huang the ⁠award, the president disclosed buying up to $1.6 million and selling up to $1 million in Nvidia stock during the summer.White House spokesperson Davis Ingle told Reuters at the time ‌that third-party financial institutions independently manage the president’s portfolio.Mr. Trump told reporters on Sunday (November 8, 2026) night he had not spoken to Mr. Huang about the allegations, calling Mr. Huang an “honourable guy.”“I hope everything’s fine,” ​he said about Mr. Huang. “He’s done such an incredible job.” Published - November 10, 2026 02:58 am IST