Trump was warned about Jensen Huang’s relationship with a suspected Chinese spy but allowed the Nvidia CEO aboard Air Force One anyway

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Everything you need to know before you reach the office this morning.

On Monday, Jensen Huang walked into Nvidia’s HQ in Santa Clara, California, apologized to his staff, and then ran his meetings as CEO as if it were business as usual. He did the same thing on Tuesday, according to CNBC.

It’s an extraordinary state of affairs given that in the last 24 hours we learned that President Trump was warned Huang was dating a suspected Chinese spy before Huang boarded Air Force One in Alaska on a trade trip to China, and that Trump allowed him aboard anyway, according to the NYT. Trump initially defended Huang's reputation this week.

More photos of Huang and his affair partner, Megaspeed executive Alice Huang (no relation), have emerged from Chinese social media and are now being collated by Western legacy media. The pair first met as early as the 2010s, according to The Information.

Huang has his supporters: At Web Summit in Lisbon this week—where vicious rains from Storm Charles canceled the second day of meetings for 70,000 tech founders, investors, policymakers, and media folk—the mood was that Huang will somehow survive, Fortune’s Ellie Pringle told me.

There are only two words on everyone's lips: Jensen Huang. Pringle says:

The case against Huang at this point is insanely difficult for the company: Nvidia knew the U.S. was investigating Alice Huang and Megaspeed in 2025. Jensen dated her anyway. She is suspected by U.S. authorities of a chip-diversion operation in violation of American export law. Jensen and the company repeatedly made public statements that are misleading. Jensen is joined at the hip with Trump, who is negotiating chip deals with China. The board has either been lied to or is incompetent: They have no chairman, and no CEO succession plan. Nvidia faces civil litigation and an almost-certain congressional inquiry—these will last for months.

It could get worse: Fortune AI editor Jeremy Kahn thinks that right now Huang may be able to cling on—unless the facts get worse:

“If more emerges showing that Jensen used his clout to…

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