Trump says FBI investigating Nvidia boss's affair with alleged Chinese spy

The scandal surrounding Nvidia Chief Executive Jensen Huang and an alleged Chinese spy has sparked national security concerns and pushed Congress to pursue tighter limits on chip sales. According to Yahoo, President Trump stated that Huang told him he had "no idea she was a spy" amid allegations involving a woman named Alice Huang. TechCrunch reported that Huang publicly confessed to the affair, though he named no one, while China denies the spy claim reportedly made by U.S. authorities. Yahoo Finance reported that the Senate defense bill would let Congress review AI chip licenses, require chip tracking abroad, and press allies to restrict chipmaking equipment sales to China. House Democratic leader Hakeem Jeffries stated on Monday, November 9, 2026, that he strongly supports restrictions on U.S. chip sales to China in the final National Defense Authorization Act, adding that Congress needs a full briefing. Sens. Elizabeth Warren and Jim Banks stated that Huang's relationship makes these concerns even more urgent and weakens Nvidia's lobbying position. Foreign Affairs Chair Brian Mast stated he would consider subpoenaing Huang for a closed-door briefing requested by Republican committee chairs for November 18. Yahoo Finance reported that Nvidia closed down 4.27 percent at $178.67, with a $4.31 trillion market value. In the second quarter of fiscal 2027, Hopper shipments to China made up less than 1 percent of Nvidia's data center revenue, and third-quarter guidance of $108.0 billion excludes any revenue from data center compute sales in China. Second-quarter revenue reached $96.221 billion, up 105.85 percent from a year earlier. Politico reported that Republican lawmakers bucked Trump over the issue, with GOP members calling it a serious national security issue. The Wall Street Journal reported that Huang previously cultivated close ties with Trump, donating $1 million to his inauguration committee and $25 million to a ballroom project, while traveling on state visits abroad. TechCrunch noted that Copyleaks reported an explosion in AI-manipulated photos and videos of Huang and Alice Huang on X, drawing millions of views.