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President Trump said Nvidia CEO Jensen Huang possesses “tremendous talent” and will “land on his feet,” offering a public vote of confidence in the chipmaker’s leadership amid ongoing scrutiny of the semiconductor sector. Speaking to reporters, Trump also said he did not know whether “the woman” in question had been determined to be a spy, a remark that left the identity of the individual and the underlying episode unclear. He added that he can defend the record of White House chief of staff Stephen Miller, signaling continued internal alignment on policy priorities. The comments matter for markets because Nvidia, a bellwether for AI-related equities, remains central to sentiment across technology and semiconductor shares. Traders will watch for clarification of the spy remark and for any follow-through on trade and export policy affecting Nvidia’s business.

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Jensen Huang, Stephen Miller, Donald Trump, White House