Big Trouble For Nvidia's Jensen Huang? After $190 Billion Market Value Wipeout, CEO Faces Shareholder Lawsuit Over Alleged Chinese Spy Links
India, Nov. 10 -- Nvidia and its chief executive, Jensen Huang, are facing a shareholder lawsuit alleging that the company misled investors by failing to disclose information about Huang's alleged relationship with a former executive of one of its customers and the potential national security implications.
According to Reuters, the complaint was filed in federal court in San Jose, California, on Monday. It alleges that Nvidia and Huang withheld information about an alleged affair involving Alice Huang, a former executive at Singapore-based Megaspeed, a company that has done business with Nvidia. The lawsuit further claims that the alleged relationship was connected to concerns involving suspected Chinese intelligence activity and could h...
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