Business
Shareholder sues Nvidia and Jensen Huang over CEO’s ties to suspected Chinese spy
The proposed class action says investors were not told of the relationship; a 4.3% fall in Nvidia’s shares wiped out about $190 billion in value.
What’s next18 November 2026: Mr. Huang is due before the House Select Committee on China.
The proposed class action says investors were not told of the relationship; a 4.3% fall in Nvidia’s shares wiped out about $190 billion in value.
The chipmaker’s stock fell nearly 9% during trading on 9 November before recovering some ground; China called the spying claims a smear.
Mr. Trump said he believed Mr. Huang knew nothing of any spying; Nvidia shares fell about 3% in after-hours trading as its board began an inquiry.