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Trump Tech Advisor David Sacks Says ‘Spy Narrative Is Collapsing’ as US Officials Question Evidence Against Nvidia’s Jensen Huang

Benzinga·11/13/2026 07:55:52
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David Sacks, co-chair of the President’s Council of Advisors on Science and Technology, stated the espionage allegations involving former Nvidia Corp. (NASDAQ:NVDA) Chief Executive Jensen Huang and Alice Huang lack evidence.

Questioning the Evidence

In a post on X, Sacks declared that the "spy narrative is collapsing," citing remarks from the attorney general, CIA and lawmakers indicating that U.S. officials have yet to establish that Alice Huang knowingly worked for Beijing.

Sacks evaluated the intelligence community’s stance on the allegations in a post on X. He asked the public if there is “clear & convincing evidence” that Alice Huang acted as a Chinese spy. To support his skepticism, Sacks cited multiple government entities. Sacks noted the Attorney General reached “no conclusions,” while the Central Intelligence Agency is “not yet convinced.”

Furthermore, Sacks quoted the Director of National Intelligence, who called the claims “not entirely accurate and over-torqued.” Sacks also highlighted that the incoming chairman of the House Intelligence Committee stated, “today, at least, I don’t know,” immediately after receiving a briefing.

Sacks’ commentary quoted a report by CNN journalist Natasha Bertrand. She reported that the United States intelligence community is still working to understand the relationship between the businesswoman and the Chinese government. According to Bertrand, multiple sources stated that the intelligence collected to date does not prove the allegations.

He then referenced statements given by anonymous officials. According to Sacks’ post, these officials claimed it “strains credulity” to believe she was not an agent of the Chinese government “simply by virtue of the fact that she is a successful Chinese businesswoman working with one of America’s most powerful companies.”

Responding directly to this quote, Sacks questioned if this categorization was their only proof after a year of investigation and surveillance. Sacks criticized the initial reports, referring to them as a “bombshell story.”

Calls for a Leak Investigation

Following his critique of the intelligence community’s evidence, the tech advisor shifted focus to the public release of the government information. Sacks stated that at this point, the “only crime that we know for sure happened is the leaking of the classified memo.”

He questioned the identity and motives of the leaker, asking, “Who did that and why?” Sacks concluded his commentary by demanding government action regarding the unauthorized disclosure, stating, “An investigation should be opened.”

How Has NVDA Performed in 2026?

NVDA stock is down by 14.25% over the last year, 10.89% year-to-date, and lower by 26.57% over the last month. It closed 4.34% lower at $166.19 per share on Thursday; the stock was down 1.97% in overnight trading.

Benzinga’s Edge Stock Rankings indicate that NVDA maintains a negative price trend in the short, long, and medium terms, with a good quality score.

Benzinga’s Edge Stock Rankings for NVDA.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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