Nvidia CEO Jensen Huang faces shareholder lawsuit over alleged China intelligence links

Nvidia and CEO Jensen Huang face a proposed securities class-action lawsuit alleging they misled shareholders by concealing his relationship with a woman suspected of links to Chinese intelligence, potentially damaging the company's reputation and business. The lawsuit, filed in San Jose federal court on Monday, claims Nvidia failed to disclose national security risks from Huang's reported relationship with Alice Huang, a former Megaspeed executive. It follows Huang's admission of infidelity to employees and a board investigation into foreign intelligence targeting. Nvidia shares fell 4.3 percent on Monday, erasing about $190 billion in market value. Speculation about a potential divorce settlement exceeding $80 billion remains hypothetical, with no confirmed filing or prenuptial agreement details. Singapore and China have denied the spying allegations.