# Nvidia CEO Jensen Huang Sued Over Alleged Chinese Spy Ties

> Nvidia CEO Jensen Huang faces class action lawsuit after alleged affair with Chinese intelligence asset.
- Title: Nvidia CEO Jensen Huang Sued Over Alleged Chinese Spy Ties
- Summary: Nvidia CEO Jensen Huang faces class action lawsuit after alleged affair with Chinese intelligence asset.
- Keywords: nvidia, jensen huang, alleged chinese spy, class action lawsuit, shareholder lawsuit, megaspeed, artificial intelligence, india, Ndtv
- Source: Ndtv — https://ndtv.com/world-news/nvidia-ceo-jensen-huang-sued-over-disclosures-related-to-suspected-chinese-spy-12305655
- Read time: 1 min
- Topics: nvidia, jensen huang, alleged chinese spy, class action lawsuit, shareholder lawsuit, megaspeed, artificial intelligence, india, news
## Lawsuit Filed Against Nvidia
Nvidia and CEO Jensen Huang were sued in a proposed class action accusing them of defrauding shareholders by concealing Huang's ties with a suspected Chinese spy.
## Alleged Affair with Chinese Spy
The complaint claims Huang's alleged affair with Alice Huang raised national security and business risks for Nvidia.
## Alice Huang's Background
Alice Huang, a former Megaspeed executive, is reportedly a Chinese intelligence asset per US authorities.
## Shareholder Reaction
Nvidia shareholders led by Mark Kistenmacher are seeking unspecified damages from the defendants after the stock dropped 4.3%.
## Market Impact
Nvidia's market capitalization fell by approximately $190 billion following the lawsuit filing after the stock market closed.
## Company Response
Nvidia announced a probe into the matter on Sunday and did not immediately respond to requests for comment.
## National Security Concerns
US authorities concluded Alice Huang was a Chinese intelligence asset, raising national security risks for Nvidia.
## Key takeaway

Nvidia and CEO Jensen Huang sued for allegedly hiding ties with a suspected Chinese spy.