US
Nvidia investors sue over how the chipmaker described Jensen Huang's Megaspeed ties
A securities class action says Nvidia misled investors about Jensen Huang's dealings with Megaspeed's Alice Huang before the alleged affair surfaced.
Nvidia now faces a shareholder lawsuit over how it described CEO Jensen Huang's ties to Megaspeed executive Alice Huang.
Shareholders have filed a securities class action against the chip giant, according to court documents. They claim the company broke federal securities law by putting out false or misleading statements tied to the alleged affair.
What the suit targets
The filing zeroes in on how Nvidia answered several news stories about Huang's business ties to Alice Huang. The Megaspeed executive sits at the heart of the alleged affair story. Some have claimed she spies for China.
According to the suit, both Huang plus company spokesperson John Rizzo described the Megaspeed relationship in ways that were false or misleading. Plaintiffs say Huang was carrying on an affair with Alice Huang at the time those comments were made.
Investors' losses
The complaint says Nvidia shares tumbled once word of the alleged affair got out. Plaintiffs say that drop caused "significant losses and damages" for people holding the stock.
The proposed class covers anyone who bought or otherwise acquired Nvidia stock on the public market from October 9, 2025, through November 8, 2026.
The suit asks for money damages to cover losses tied to the allegedly misleading statements.
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