Nvidia shareholder lawsuit claims CEO Jensen Huang hid affair with suspected Chinese spy

A shareholder lawsuit alleges Nvidia failed to disclose CEO Jensen Huang's affair with a suspected Chinese spy, claiming the hidden relationship raised national security concerns that threatened the company's reputation and business prospects. The federal complaint in San Jose, California, accuses defendants of misleading shareholders about Huang's relationship with Alice Huang, a former Megaspeed executive, and omitting that US authorities concluded she was a Chinese intelligence asset. Nvidia announced a probe Sunday, and its shares fell 4.3% Monday, erasing about $190 billion in market value. The lawsuit, filed minutes after market close, seeks unspecified damages and follows a New York Times report on the alleged affair. Huang, who co-founded Nvidia and became a prominent AI symbol, told employees he was unfaithful to his wife without detailing the relationship.