Jensen Huang Spy Report: Trump Says US Will Check It Very Closely

President Donald Trump said on Saturday, Oct. 31, that the United States will "check it out very closely" after a report that Nvidia CEO Jensen Huang was the target of a suspected Chinese intelligence effort, according to AFP, which wrote that Trump also called Huang a "great, brilliant person".

Asked at his Florida residence whether Huang would stay on as an adviser, Trump said: "I would like to say yes. I mean, unless we find out something to the contrary, I've always found Jensen Huang to be very above board." He added: "But you know, you're dealing with a very complex issue." Trump also said he "didn't know about the specific thing", according to AFP's account as carried by the New Straits Times and Hindustan Times. Neither report says what form a US review would take or which agency would run it.

What the Earlier Spy Reports Said

The New York Times reported on Thursday, Oct. 29, that US intelligence agencies had concluded Alice Huang, also known as Huang Le, a senior executive at Singapore-based data center company Megaspeed, was passing information to Beijing. She is not related to Jensen Huang, according to AFP as cited in Voltgrid's Oct. 30 story on China's denial. The allegation is reported by the Times, citing officials, and no US agency has confirmed it on the record.

Nvidia responded on Oct. 29. Spokesperson John Rizzo said Jensen Huang's interactions with her were "not unusual or unexpected" and that he talks with thousands of customer executives every year. Nvidia added that it is confident the US government would tell it if it considered anyone a threat to American industry, ABC News reported. On Oct. 30, China's foreign ministry spokesman Guo Jiakun called the reports baseless, and AFP also describes Beijing as dismissing the report as "groundless speculation".

Megaspeed, Export Licences and China-Linked Customers

Trump's remark moves the matter from a newspaper allegation to an on-record statement that the US will look at it. For Nvidia the exposure is less about Huang personally and more about whom its chips reach. Megaspeed buys computing equipment built on Nvidia chips and rents data center capacity to businesses including Alibaba, according to Hindustan Times. The company has been under US investigation since late 2024, when a Commerce Department official reportedly found Nvidia equipment still in boxes at its Malaysian data center, as Hindustan Times reported. Megaspeed told the Times its current leadership takes the matter "extremely seriously", and a person familiar with its operations said the executive has become less active since the US inquiries.

Any tightening of export licences or end-user checks for China-linked cloud customers would land on Nvidia's accelerator shipments to Southeast Asia. Nothing in the reports says such a step is planned.

Huang has advised Trump on AI policy and joined him on the May trip to Beijing to meet President Xi Jinping, per AFP. He has lobbied to ease limits on chip sales to China, and Hindustan Times reports Trump approved sales of older-generation Nvidia chips in exchange for a share of revenue while rejecting more powerful ones. ABC News notes that Trump personally owns Nvidia shares. Our earlier Oct. 29 story on Nvidia's reply to the Megaspeed report covers the Times account that Trump was briefed on the findings and took no action.

What Is Not Confirmed Yet

No US agency has said it is reviewing Megaspeed, Nvidia's licences or Huang's advisory role. The Times allegations are unconfirmed, and reports differ on whether Alice Huang is still at the company: our Oct. 30 story cited Reuters as reporting that she no longer works there, while Hindustan Times quotes a person saying only that her role has shrunk. Watch for a White House or Commerce Department statement, and for any change to Nvidia's China licence conditions.