{"id":108841,"date":"2026-11-10T12:50:19","date_gmt":"2026-11-10T12:50:19","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/nvidia-ceo-jensen-huang-face-shareholder-suit-over-his-affair-with-alleged-chinese-spy\/"},"modified":"2026-11-10T12:50:19","modified_gmt":"2026-11-10T12:50:19","slug":"nvidia-ceo-jensen-huang-face-shareholder-suit-over-his-affair-with-alleged-chinese-spy","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/nvidia-ceo-jensen-huang-face-shareholder-suit-over-his-affair-with-alleged-chinese-spy\/","title":{"rendered":"Nvidia, CEO Jensen Huang face shareholder suit over his affair with alleged Chinese spy"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Tech titan Jensen Huang faced fresh turmoil on Tuesday as shareholders sued him and his company for allegedly misleading them over <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/nvidia-jensen-huang-investigation-china-intelligence\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">his affair with an accused Chinese spy<\/a><\/span>. <\/p>\n<p>The Rosen Law Firm said it had filed a class-action lawsuit in federal court in San Jose, California, accusing Huang and AI behemoth Nvidia of failing to disclose information to shareholders about the Nvidia CEO&#8217;s links to the woman accused of funneling information to Beijing. <\/p>\n<p>The New York Times reported last month that Taiwanese-born Huang developed a close relationship with Alice Huang, a Chinese executive linked to Singapore-based data center company Megaspeed, which buys <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/nvidia-consumer-pc-push-new-ai-superchip\/\" data-invalid-url-rewritten-http=\"\">AI chips from Nvidia<\/a><\/span>.<\/p>\n<p>The woman isn&#8217;t related to the 63-year-old CEO.<\/p>\n<p>Nvidia said it launched an independent investigation of Huang.<\/p>\n<div class=\"embed__float-wrap\">\n<figure class=\"embed embed--type-image is-image embed--float-none embed--size-medium\" data-ads=\"{\" extrawordcount=\"\">\n<p>      <span class=\"img embed__content \"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/11\/09\/195e6142-1604-4985-9466-6d90af5f98ff\/thumbnail\/620x413\/6affda3407273c6ab24b9f4f91b725f6\/gettyimages-2299645290.jpg#\" alt=\"FRANCE-US-TECHNOLOGY-NVIDIA-PORTRAIT \" height=\"413\" width=\"620\" class=\" lazyload\" srcset=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/11\/09\/195e6142-1604-4985-9466-6d90af5f98ff\/thumbnail\/620x413\/6affda3407273c6ab24b9f4f91b725f6\/gettyimages-2299645290.jpg 1x, https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2026\/11\/09\/195e6142-1604-4985-9466-6d90af5f98ff\/thumbnail\/1240x826\/de58d41bc1f36f9a6cd23c6d3cb3d67d\/gettyimages-2299645290.jpg 2x\" loading=\"lazy\"\/><\/span><figcaption class=\"embed__caption-container\">\n<p>                  <span class=\"embed__caption\">Nvidia CEO Jensen Huang in October 2026.<\/span><\/p>\n<p>                  <span class=\"embed__credit\"><\/p>\n<p>                Joel Saget \/ AFP via Getty Images<\/p>\n<p>                          <\/span><br \/>\n              <\/figcaption><\/figure>\n<\/p><\/div>\n<p>Two law enforcement sources confirmed to CBS News on Monday that the Justice Department&#8217;s National Security Division is investigating Megaspeed over potential violations of U.S. export restrictions on advanced AI chips.<\/p>\n<p><span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/nvidia-jensen-huang-stock-board-investigation-spy\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Shares of the chipmaker tumbled<\/a><\/span> after Nvidia&#8217;s board opened an inquiry into reports that its CEO had been &#8220;the target of a foreign intelligence effort,&#8221; which Beijing denies. <\/p>\n<p>China is in a race for tech dominance against the United States, which restricts the export to China of the most cutting-edge silicon chips. <\/p>\n<p>Nvidia, a global leader in producing chips used to train and run AI models, is one of the world&#8217;s most valuable companies. <\/p>\n<p>The lawsuit asserted that Huang and Nvidia misled shareholders about the national security concerns raised by the affair, and that their misleading statements &#8220;artificially inflated&#8221; Nvidia&#8217;s share price. <\/p>\n<p>&#8220;As a result of Defendants&#8217; wrongful acts and omissions, and the precipitous decline in the market value of the Company&#8217;s securities, Plaintiff and other Class members have suffered significant losses and damages,&#8221; the lawsuit alleges. <\/p>\n<p>Huang admitted in a message to Nvidia employees released on Sunday that he had been &#8220;unfaithful&#8221; to his wife. <\/p>\n<p>&#8220;My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry,&#8221; he said. <\/p>\n<p>Huang is a central figure in the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/feature\/ai-artificial-intelligence\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">artificial intelligence boom<\/a><\/span> and a close informal adviser to President Trump, who has repeatedly opposed regulating the industry so China doesn&#8217;t gain the upper hand.<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"chartbeat\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  component--type-recirculation-collection\">\n<div class=\"component__heading-wrapper recirc\">\n<h3 class=\"component__title\">AI: Artificial Intelligence<br \/>\n                          <a href=\"https:\/\/www.cbsnews.com\/feature\/ai-artificial-intelligence\/?intcid=CNI-00-10aaa3a\" class=\"component__view-more component__view-more--lg\" data-invalid-url-rewritten-http=\"\"><br \/>\n    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\/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/nvidia-jensen-huang-shareholder-lawsuit-affair-chinese-spy\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech titan Jensen Huang faced fresh turmoil on Tuesday as shareholders sued him and his company for allegedly misleading them<\/p>\n","protected":false},"author":1,"featured_media":108842,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[213,8190,712],"class_list":["post-108841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-artificial-intelligence","tag-jensen-huang","tag-nvidia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nvidia, CEO Jensen Huang face shareholder suit over his affair with alleged Chinese spy - World News<\/title>\n<meta name=\"description\" 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