Los Angeles (United States) (AFP) - Nvidia shareholders sued the company and its CEO Jensen Huang in relation to the businessman's alleged extramarital relationship with a woman accused of being a Chinese spy.
First modification: 11/10/2026 - 12:45
US law firm Rosen Law Firm said it filed a class-action lawsuit accusing Huang and artificial intelligence giant Nvidia of failing to disclose this relationship to shareholders.
The New York Times reported in October that Taiwan-born Huang had a close relationship with Alice Huang, a Chinese executive with ties to Singapore-based data center company Megaspeed.
The woman is not related to the 63-year-old Nvidia chief executive.
The chipmaker's shares plunged after Nvidia opened an investigation into reports that Huang had been "the target of a foreign intelligence operation," which Beijing denies.
China competes for technological supremacy with the United States, which restricts the export of the most advanced silicon chips.
Nvidia is the world leader in manufacturing the chips used to train and operate AI models.
The lawsuit filed Monday in federal court in California says Huang and Nvidia misled shareholders about national security concerns raised by the relationship, and that their misleading statements "artificially inflated" Nvidia's stock.
Huang admitted in a message to Nvidia employees, released Sunday, that he had been "unfaithful" to his wife.
Huang is a central figure in the rise of artificial intelligence and an informal adviser to US President Donald Trump, who opposes regulating that industry to prevent China from taking the lead in its development.
© 2026 AFP
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