The Jensen Huang incident is something the US government was already well aware of

If it was reported to Trump and investigated by the Department of Commerce and the Department of Justice, they have likely already figured out the nature of the situation.
The reason Trump let it slide is probably because the company aligns with the Trump administration's stance and they move forward together in various ways.
However, that doesn't mean there won't be any problems.
The situation could change at any time,
so we can only hope it served as a major lesson for Jensen Huang.
My biggest concern is that Jensen Huang also continuously attempted to export to China and has been boasting to Chinese investors that they can obtain NVIDIA chips...
Depending on how you look at it, this is quite dangerous.