hn.today

Trump's ties to Nvidia's Huang scrutinized after foreign intelligence concerns

reuters.com6 points5 comments
Screenshot of Trump's ties to Nvidia's Huang scrutinized after foreign intelligence concerns

Nvidia’s board is investigating whether CEO Jensen Huang was targeted by a foreign intelligence operation, following reporting that he had a close relationship with a Chinese businesswoman whom US intelligence officials believe relayed information to China. The allegations have intensified scrutiny of Huang’s unusually close relationship with President Donald Trump and raised questions about national security and the influence of technology executives on government decisions. Senator Chris Coons called for an investigation into whether US security was compromised. Trump said he had not discussed the allegations with Huang, described him as honorable, and praised his work.

Huang has become a prominent ally of Trump, traveling with him to China, attending a White House state dinner for Chinese President Xi Jinping, and contributing to Trump’s planned ballroom. Nvidia has also benefited from shifts in policy: the administration reversed a planned restriction on some chip exports to China after Huang attended a dinner at Trump’s club, and later permitted sales of the company’s H200 processors to China in exchange for a 25% fee. Trump awarded Huang the nation’s highest scientific honor, while disclosing that he had traded Nvidia shares. Nvidia stock fell to a seven-month low as the board’s inquiry and questions about the president’s decisions drew attention.

Read on reuters.com5 comments on Hacker News

Summary generated by AI from the linked article. hn.today is not affiliated with Hacker News or Y Combinator.

More in Security

The daily digest

Today's best Hacker News stories, summarized and screenshotted, one email a day.