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According to reports, this memo regarding the relationship between Jensen Huang and Huang Le was circulated among a small number of high-level U.S. officials before Trump traveled to Beijing to meet with Xi Jinping.
A Reuters exclusive report states that about 600,000 NVIDIA H200 AI chips are stored in Hong Kong waiting to be shipped into mainland China, with prices surging due to Beijing's delayed approval for large-scale imports.
According to the Financial Times, as the U.S.-China trade truce continues and high-end AI chips remain a point of friction, Oracle has canceled a $7 billion chip leasing contract with Tencent under pressure from the Trump administration.
On November 5 local time, the United States announced sanctions against the China National Electronics Import & Export Corporation (CEIEC) and Beijing Huacheng Haopu Technology Co., Ltd. related to Cuba, accusing the two companies of cooperating with the Cuban military procurement enterprise Duna in 2026 to supply military equipment and components to the Cuban military. CEIEC was previously sanctioned in 2020 for assisting the Maduro government in Venezuela.
According to a report by the Financial Times on November 4, Oracle canceled a five-year, approximately $7 billion chip leasing agreement with Tencent under pressure from the Trump administration. The original agreement allowed Tencent to use about 100,000 advanced AI chips in Southeast Asian data centers. During the same period, senior officials from Guangdong visited Tencent and demanded that it switch to domestic chips.
A suspected shell weighing 32 kilograms was found in a shipping container at a port in Port Moresby, Papua New Guinea, leading to the arrest of four Chinese citizens. The Chinese embassy claimed it was a liquor bottle, while local police stated it contained explosives.
According to a Financial Times report on November 3, citing people familiar with the matter, Nvidia has requested that global data center and cloud service partners allocate at least 51% of their services to non-Chinese customers to reduce reliance on the Chinese market.
On October 31, the foreign ministers of the Quad (US, Japan, India, and Australia) met in Atlanta and issued a joint statement to advance the recovery of critical minerals from e-waste and scrap, aiming to reduce reliance on a single supplier. The US pledged $10 million to support recycling facilities in India and ASEAN countries. The statement expressed serious concern over export restrictions, economic coercion, and non-market policies, without directly naming China.
On October 31, when asked by a reporter in Atlanta whether the Quad statement was directed at China, U.S. Secretary of State Rubio stated that the Quad mechanism is not an anti-China alliance, but noted that these activities or behaviors repeatedly come from the same country, which everyone can see.
In response to foreign media reports alleging that Chinese businesswoman Huang Le contacted Nvidia CEO Jensen Huang to assist in bypassing chip sanctions, Chinese Foreign Ministry spokesperson Guo Jiakun stated that the claims are purely slanderous and smear tactics.
On October 30, The New York Times, citing anonymous sources, reported that US intelligence agencies determined that Alice Huang, an executive at data center company Megaspeed, passed intelligence to Beijing and discovered she had close contact with Nvidia CEO Jensen Huang. Trump was informed of the intelligence about a year ago but took no action. Nvidia stated it was normal customer contact, and the Chinese Embassy in the US denounced the accusations as a smear.
On October 30, the US Department of Justice announced that two Chinese men who conducted clandestine intelligence activities on behalf of China's Ministry of State Security (MSS) were each sentenced to 30 months in prison after pleading guilty, followed by three years of supervised release. The two had assisted in identifying recruitable US military personnel and, in January 2022, arranged for individuals within the US to drop off approximately $10,000 in cash via a dead drop in a storage locker.
On October 30, the U.S. network analysis firm Graphika released a report stating that the China-linked "Spamouflage" network used X accounts to impersonate U.S. voters, spreading politically divisive content ahead of the midterm elections and questioning the integrity of U.S. elections; the Chinese Embassy in the U.S. denied interfering in U.S. elections.
On October 29, the US Federal Communications Commission (FCC) voted to prohibit Chinese laboratories from providing testing and certification for mobile phones, cameras, computers, and other electronic devices exported to the US. FCC Chair Carr stated that in 2025, 82% of such devices were tested in China, while US-based labs handled only about 4%. Previously, the ban only targeted labs owned or controlled by the Chinese government, but this action expands the scope to all Chinese laboratories.
On October 28, the U.S. Department of Homeland Security announced the addition of BGI Group, BGI Genomics, and MGI Tech to the Uyghur Forced Labor Prevention Act Entity List, accusing them of collaborating with the Xinjiang government to conduct genetic testing and provide equipment, with the relevant technology being used to monitor ethnic minorities and assist in the recruitment and transfer of forced labor.