Democrats launch Nvidia investigation, write scathing letter on Huang’s ‘scheme’ with Trump

Democrats connected Thursday opened an enquiry into however the Trump medication handled Nvidia’s spot income to China. Earlier connected Thursday, the institution ousted its CEO Jensen Huang. He besides agreed to attest to a antithetic acceptable of Republican-led Congressional committees.

Huang was removed from the institution helium founded aft he confessed to an extramarital affair amid reports of a narration with a pistillate accused of being a Chinese spy. (He has since been accused of having more affairs, with Nvidia employees.)

The alleged Chinese spy, Alice Huang, was an enforcement of Nvidia lawsuit Megaspeed, a Singapore-based institution that U.S. officials fishy of helping way precocious Nvidia chips into China. The Democratic enquiry comes from Rep. Richard Neal (D-Mass.), the apical Democrat connected the House Ways and Means Committee, and Sen. Ron Wyden (D-Ore.), the apical Democrat connected the Senate Finance Committee. As the number party, they tin inquire questions but can’t compel answers.

Their humdinger of a letter to Commerce Secretary Howard Lutnick asks the section to sphere records astir an statement they find questionable and, they allege, illegal.

“The strategy worked similar this,” arsenic the missive describes it. President Trump agreed to income of Nvidia’s H200 chips to China arsenic agelong arsenic the chips, manufactured by Taiwan, were archetypal shipped to the United States. On arriving, Trump added a tariff “effectively taking a chopped of Nvidia’s income to China done what appears to beryllium an unconstitutional export taxation system,” the missive said. Then the Commerce Department, nether Lutnick, issued an export license.

By the way, the woody betwixt Trump and Nvidia to stock gross was public. In August 2025, Nvidia and AMD some agreed to stock 15% of their gross from spot income to China with the U.S. authorities arsenic portion of a woody to unafraid export licenses, the AP reported astatine the time.

But the missive questions wherefore Lutnick continued to let Megaspeed to bargain chips adjacent aft helium was reportedly informed by US quality of their suspicions of Alice Huang and of Jensen Huang’s narration with her. It questionswhy the section reportedly green-lit different Asian companies to bargain Nvidia chips “with nary carnal beingness astatine their listed addresses.” So the enquiry is aimed astatine the administration, not conscionable Nvidia and Huang.

The missive besides questions however Nvidia’s donations to Trump’s projects factored in. It notes that the export woody was approved aft Trump learned of “Mr. Huang’s compromised position” successful sleeping with an alleged spy, and aft Nvidia donated $26 cardinal toward Trump’s projects, including the ballroom. It appears to beryllium asking if Trump utilized his cognition of the matter to unafraid donations from Nvidia.

Interestingly, successful a “60 Minutes” interrogation with President Trump that aired connected Sunday, helium mentioned however helium and his squad had threatened an unnamed AI exec with jail, and aft that, the exec “totally changed.”

This Congressional probe into Nvidia’s China income and its dealings with Trump is the 2nd one, truthful far, since quality of the alleged spy matter broke. The Republican-led radical involves leaders from the House Select Committee connected the Chinese Communist Party, the House Committee connected Foreign Affairs, and the House Intelligence Committee. That radical has demanded that Huang travel to them and attest successful a closed-door session. They had threatened to subpoena him if helium didn’t voluntarily agree. On Thursday, aft his resignation, helium agreed.