Nvidia shareholders sue Jensen Huang over alleged spy ties
Nvidia shareholders have sued the chipmaker and its CEO, Jensen Huang, over his alleged ties to a suspected Chinese spy. The case adds to scrutiny over whether sensitive information at the AI giant was compromised.
Shareholders have filed a lawsuit against Nvidia and its CEO, Jensen Huang, alleging that they concealed Huang's alleged relationship with a suspected Chinese intelligence asset. The proposed class action adds to ongoing investigations into whether Huang was targeted by foreign intelligence, raising concerns about the security of sensitive information at Nvidia, the world's most valuable chipmaker.
The complaint, filed in federal court in San Jose, California, claims that Nvidia and Huang misled investors about the nature of Huang's relationship with Alice Huang, a former executive at Singapore-based Megaspeed, who is not related to him. Shareholders allege that the defendants failed to disclose national security concerns that threatened Nvidia's reputation and business prospects, and are seeking unspecified damages.
Huang has acknowledged being unfaithful to his wife but did not identify the woman. He has supported the investigation and expressed his commitment to protecting Nvidia and supporting America's national security. Meanwhile, US President Donald Trump stated that the FBI is investigating the matter, while expressing support for Huang.
China has denied conducting an intelligence operation targeting Huang, calling the allegations "smears against China."
Brief written by urgent.news from DW English (Top Stories)'s own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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