Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair
A shareholder has sued Nvidia and its CEO, Jensen Huang, accusing them of deceiving investors in their responses to media reports about Huang's affair with a purported Chinese spy that threatens national security. The complaint comes after President Donald Trump said the FBI is investigating the affair, which Huang has acknowledged and apologized for. Trump said Monday that Huang told him he had…
A shareholder has filed a lawsuit against Nvidia and its CEO, Jensen Huang, alleging that the company misled investors about Huang's relationship with a woman suspected of working for Chinese intelligence. The complaint was filed in a California court on Monday. The affair, which Huang has acknowledged and apologized for, has raised concerns about Beijing using underhanded methods to access Nvidia's advanced microchips, which are crucial for artificial intelligence development but are subject to export restrictions on China.
According to the lawsuit, Nvidia allegedly downplayed the national security implications of Huang's relationship with Alice Huang, who is believed to be a Chinese spy. The alleged deception comes in the wake of President Donald Trump's statement that the FBI is investigating the affair, and Huang's admission that he was unaware of the potential espionage risks.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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