Trump backs Nvidia's Jensen Huang as board probe hits stock

President Donald Trump publicly backed Nvidia CEO Jensen Huang on Nov. 9 after reports tied him to a Chinese businesswoman US intelligence officials believe passed information to Beijing. Trump said he spoke with Huang and believed him when he said he did not know the woman was a spy. The comments came as Nvidia's board opened a probe and the FBI looked into the matter, adding pressure on one of the administration's closest allies in Silicon Valley. Nvidia shares fell to a seven-month low Monday. Trump also said he was not aware of the allegations when Huang traveled with him to China in May. Huang had already acknowledged an affair in a message to employees and apologized to his family and staff.