Nvidia, Jensen Huang sued over alleged ties to suspected Chinese spy
Briefing by News4U · First published
Nvidia and CEO Jensen Huang were sued Monday in a proposed class action filed in San Jose federal court alleging they misled investors by concealing Huang’s relationship with Alice Huang, a former Megaspeed executive accused of being a Chinese intelligence asset; the suit seeks unspecified damages. Nvidia announced an independent investigation Sunday into reports that Huang was targeted by foreign intelligence; Huang acknowledged marital infidelity but did not name the woman and pledged cooperation. Shares closed down 4.3%. President Trump said the FBI is investigating and expressed support for Huang, who told him he was unaware the person was a spy. China’s Foreign Ministry called the allegations unsubstantiated smears. [1] [2] [3]
Sources
- Nvidia shares tumble as the company says it's investigating CEO Jensen Huang
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- Nvidia: honeypot may have been aimed at 'lobbying Jensen Huang to lobby the US government'
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- Nvidia shareholders sue Jensen Huang over alleged spy ties
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