Trump backs Nvidia's Huang amid affair, spy investigation

· Axios

President Trump defended Nvidia CEO Jensen Huang on Sunday night, even as the company's board launched an investigation into his affair with a suspected Chinese spy.

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Why it matters: The blowback to Huang's relationship is only getting more intense by the hour, with multiple members of Congress calling for probes and investors saying the news could put a cloud over the entire AI trade.

What they're saying: Trump was asked Sunday night if he's taking Huang with him on an Asia trip next week.

  • "I don't know, but I'd certainly take him," the president told reporters.
  • "I haven't heard that he's done anything wrong," Trump added. "He dealt with somebody but, you know, so does everybody else."

The intrigue: The New York Times reported in late October that Trump was briefed earlier this year about Huang's relationship with the potential spy but chose not to act.

  • Huang has been one of Trump's favorite corporate executives since his return to office, frequently appearing at White House events.
  • He also traveled with Trump to China earlier this year, even after the reported memo warning the president of Huang's relationship.

What's next: A group of House Republican committee chairs have asked Huang to agree by Nov. 11 to a date for a briefing on his relationship and Nvidia's national security controls.

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