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PRESIDENT BREAKS HIS SILENCE: Trump Says Huang's Exit Depends On Whether Alice Huang Spied

November 13th,

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President Donald Trump has weighed in on the shocking fall of Nvidia founder Jensen Huang, and his answer came down to one huge question: was Alice Huang a spy? Asked whether Huang should have stepped down, Trump said he didn't know if that had been determined yet, but that if she was a spy, then yes. If she wasn't, he said, "perhaps it would be different." Huang resigned as Nvidia CEO on November 12 after reports of his affair with Alice Huang, a Megaspeed executive, and of a second alleged relationship with an Nvidia employee who reported to him. Chief financial officer Colette Kress has stepped in as interim CEO while the company searches for its next leader.

Here's the catch: the spy question is still not settled. US intelligence reportedly suspected that Alice Huang, who worked for the Singapore-based chip buyer Megaspeed, was gathering information for China's spy service. But the Justice Department has said it hasn't reached a conclusion, and at least one later report said no proof has surfaced. Megaspeed also faces separate claims that it illegally shipped Nvidia products to China, and investigations are underway into the national security risks around America's most valuable AI chip technology. As for Huang himself, Trump said he knows him pretty well, has always thought of him as a fine man, and believes he will end up on his feet. Whether that turns out to be true will depend on what investigators find.