Nvidia faces shareholder lawsuits after CEO's affair with alleged spy
Nvidia faces a spying scandal after CEO Jensen Huang admitted to an affair with Alice Huang, an alleged Chinese intelligence asset, wiping hundreds of billions off the company's value and prompting law firms to pursue shareholder lawsuits. Several firms, including Rosen Law Firm and Schall, Brown & Schwartz, are urging investors to join legal action over alleged false statements and failure to disclose key information. Nvidia's board is investigating whether Huang was targeted by foreign intelligence, though it says no secrets were compromised. Huang will meet Congress leaders on November 18, and President Trump said the FBI is "looking into" the matter while calling Huang an "honourable guy." Class action suits could take years, as a 2020 case over crypto mining remains unresolved.