Nvidia & Jensen Huang Face Shareholder Lawsuit

A shareholder has sued Nvidia and CEO Jensen Huang, accusing them of deceiving investors about Huang’s affair with a purported Chinese spy. The lawsuit, filed Monday, claims the affair threatens national security. President Donald Trump said the FBI is investigating the matter, which Huang has admitted to and apologized for. Concerns have arisen that Beijing may be using the affair to access Nvidia microchips, crucial for AI development but restricted from export to China. The complaint, filed in California, alleges Nvidia misled investors about the affair’s impact. Nvidia did not immediately comment. Shares fell about 5.5% on Tuesday.