This is what has been reported, and Trump didn't dispute it when asked by the press.
As for "standard procedure" and counter-intelligence, who knows? I'm not a member of the intelligence community. Are you?
The point of my comment is that, to many laypeople, Trump's inaction doesn't look good and that creates an optics issue for him. "Why would he let a Chinese spy who was potentially trying to use Huang to influence the president's US-China policy stay close to him?"
Given how the administration operates, you can expect Trump's lackeys to spin the truth (if not lie) to make his actions look more favorable to the public.
>Why would he let a Chinese spy who was potentially trying to use Huang to influence the president's US-China policy stay close to him
There's no evidence she influenced Jensen who influenced Trump who eased restrictions despite knowing she was a spy. Jensen has consistently been trying to relax restrictions for years, before they met, and others have made the same case Jensen has, that it's actually harmful to the US to restrict access and that a managed access strategy is better than a complete ban (and Trump said he would charge for it openly which I guess makes sense). She probably did what's called intelligence gathering. I personally don't have an opinion on the strategy.
Also, it's funny watching HN suddenly become hawkish on GPUs being shipped to China. Were you complaining about it back then or just now?