Trump says FBI investigating Nvidia CEO Jensen Huang's alleged affair with Chinese agent

President Donald Trump told reporters on Monday that the FBI is examining a possible relationship between Nvidia chief executive Jensen Huang and an individual described as a Chinese government agent. He said he believes Huang will be "in good shape" and expressed support for the investigation.

Huang issued an open letter on Nvidia's website apologising for the affair and stating, "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."

Nvidia announced an independent review of the matter on Saturday, describing the allegations as a "foreign intelligence effort" targeting its chief. The company's shares fell more than 4% in trading on Monday, extending a decline of about 11% since early November.

Democratic lawmakers, including Senator Mark Warner and Representative Hakeem Jeffries, said they intend to seek further briefings on the issue, with Jeffries noting the need for a "full briefing" on the national-security implications.

China's foreign ministry rejected the accusations, with spokesperson Guo Jiakun calling the claim "unsubstantiated" and a "smear".

The episode comes as Trump prepares to meet Chinese President Xi Jinping at the upcoming APEC summit, though he said he was uncertain whether the topic would be raised.

Analysts highlighted that the key questions revolve around whether any confidential information was compromised and emphasized the need for evidence rather than speculation.