Nvidia and CEO Jensen Huang sued by shareholders over affair with accused spy

Shareholders have sued Nvidia and CEO Jensen Huang, alleging they misled investors about his affair with an accused Chinese spy, causing significant financial losses. The lawsuit, filed by The Rosen Law Firm in San Jose, claims Huang and Nvidia failed to disclose national security concerns tied to his relationship with Alice Huang, a Chinese executive linked to Megaspeed. Nvidia has launched an independent investigation, and the Justice Department is probing Megaspeed for potential export violations. Huang admitted to being "unfaithful" to his wife in a message to employees, apologizing for his actions. The case follows reports of a foreign intelligence effort targeting him, which Beijing denies, amid U.S.-China tensions over advanced AI chip exports.