Nvidia shareholders sue Jensen Huang over alleged spy ties

Nvidia shareholders have sued the chipmaker and its CEO, Jensen Huang, over his alleged ties to a suspected Chinese spy. The case adds to scrutiny over whether sensitive information at the AI giant was compromised. Shareholders sued chipmaker Nvidia and its chief executive, Jensen Huang, on Monday, accusing them of concealing his alleged relationship with a suspected Chinese intelligence asset .

The proposed class action adds to investigations into whether Huang was targeted by foreign intelligence, raising questions about the security of sensitive information at the world's most valuable chipmaker. The complaint, filed in federal court in San Jose, California, alleges that Nvidia and Huang misled investors about his relationship with Alice Huang, a former executive at Singapore-based Megaspeed who is not related to him. Shareholders say the defendants failed to disclose national security concerns that threatened Nvidia's reputation and business prospects.

They are seeking unspecified damages.