Nvidia, CEO Jensen Huang sued over disclosures related to suspected Chinese spy

Nvidia and Chief Executive Jensen Huang were sued on Monday in a proposed class action accusing them of defrauding shareholders by concealing Huang’s ties with a suspected Chinese spy.

According to a complaint filed in federal court in San Jose, California, the defendants misled shareholders about Huang’s alleged affair with Alice Huang, a former executive of Singapore-based Megaspeed who is not related to him, and did not disclose that the matter raised national security concerns that threatened Nvidia’s reputation and business prospects.