Not Just Integrity: The Betrayal of Nvidia's CEO Reaches the Court

Nvidia shareholders have filed a class-action lawsuit against the company and CEO Jensen Huang, alleging concealment of information about his ties with a former executive suspected of connections to Chinese intelligence. President Trump confirmed an FBI investigation but expressed support for Huang. The company's stock continues to decline.

Nvidia shareholders have filed a class-action lawsuit against the company and its CEO, Jensen Huang, in the federal court in San Jose, California. The lawsuit, led by investor Marc Kistenmacher and representing investors who purchased shares between October 9, 2025, and November 8, 2026, alleges that the company concealed material information about Huang's ties with Alice Huang, a former executive at the Singapore-based company Megaspeed, which is suspected of connections to Chinese intelligence. It further claims that misleading statements artificially maintained the stock price. U.S. President Donald Trump confirmed that the FBI is investigating the matter but expressed support for Huang. Nvidia's stock continues to fall sharply, with a weekly decline of nearly 20%.