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161 new news items in the last 24 hours
  1. Home
  2. International
53 minutes ago

Nvidia and Jensen Huang sued following the espionage scandal

Nicoleta Onofrei
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10 November 2026, 12:16
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International
Jensen Huang si Alice Huang, in spatele CEO-ului Nvidia / FOTO: AFP AFP Profimedia
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Nvidia and its chief executive, Jensen Huang, have been sued on allegations that they misled shareholders and concealed information that could affect the company and national security, in a lawsuit linked to the Chinese espionage scandal involving the company, valued at 3.8 trillion euros, The Guardian reports.

The shareholders’ lawsuit was filed in California after Donald Trump said that the FBI was investigating Jensen Huang’s alleged relationship with Alice Huang, a former executive of Megaspeed, whom U.S. authorities allegedly determined to be an agent of the Chinese intelligence services.

The lawsuit claims that neither party disclosed the fact that the issue raised national security concerns, putting the chipmaker’s reputation and business prospects at risk.

Nvidia announced an independent investigation into reports that its chief executive may have been the target of an espionage operation. The company lost approximately 190 billion dollars in market value after its shares fell by 4.3%. Huang denied knowing that the woman was a spy and promised to cooperate with the investigation.

Read also:

Who is Alice Huang, the woman behind the espionage scandal targeting Nvidia’s chief

Context: suspicions about Jensen Huang and Alice Huang’s ties circulated before the FBI opened its investigation

Months before it became a public scandal, the allegations appeared in documents presented to U.S. officials before the Trump–Xi summit in May. According to reports, the case involved suspicions that Alice Huang, associated with Megaspeed, had been recruited by Chinese intelligence services and that she had repeatedly interacted with Jensen Huang, amid concerns about China’s access to Nvidia chips subject to export restrictions.

At the same time, U.S. authorities had been investigating Megaspeed for some time: the investigation reportedly began in late 2024, after packaged Nvidia chips were found at a data center in Malaysia. Against the backdrop of tensions over technological security, the case also reached Congress, where Republicans asked Huang to participate in a closed-door hearing scheduled for November 18, 2026.

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The Guardian EU
Nvidia and Jensen Huang sued by shareholders over affair with alleged Chinese spy
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independent.co.uk
Nvidia and CEO Jensen Huang sued following suspected Chinese spy scandal
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France24
Nvidia and Huang face class-action lawsuit over affair

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NEWS ON THE SAME TOPICS

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International
Donald Trump says that the FBI has opened an investigation into the relationship between Nvidia’s CEO and a woman accused of spying for Beijing
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International
Nvidia chief Jensen Huang investigated by the tech giant over his connection to an alleged Chinese spy
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International
Nvidia shares fell sharply after revelations about Jensen Huang’s relationship with an alleged Chinese spy
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International
Nvidia chief suspected of ties to an alleged Chinese spy
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Who is Alice Huang, the woman behind the espionage scandal targeting Nvidia’s CEO
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IT&C knowledge
NYT: Jensen Huang, Nvidia’s chief executive, reportedly had ties to a businesswoman suspected by the U.S. of transmitting information to Beijing
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Nvidia espionage Jensen Huang Director General Megaspeed alice huang

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