US President Donald Trump stated during a media interaction at the White House that Nvidia CEO Jensen Huang had no knowledge that a woman he had relations with was a Chinese spy. Trump said he spoke to Huang directly about the issue, and Huang told him he was completely unaware of the situation.

Nvidia board investigates and shareholders file lawsuit

Trump praised Nvidia's Blackwell chip technology, describing it as a technology that is ten years ahead in the world. Meanwhile, Nvidia's board is investigating whether Huang may have fallen into the trap of a foreign intelligence agency.

On the other hand, Nvidia shareholders have filed a lawsuit against the company and Jensen Huang, alleging that information regarding the relationship was concealed from investors.

China denies espionage allegations

Chinese Foreign Ministry spokesperson Guo Jiakun dismissed the espionage allegations as baseless speculation and an attempt to defame the country. Uncertainty also remains over whether US national security faced any threat from the incident and whether the woman was actually working for Chinese intelligence.