Law firms lining up for a chance to bop Nvidia’s nose on behalf of its own shareholders; president Trump says FBI are sniffing around the AI company’s case

Nvidia faces mounting scrutiny after its chief executive, Jensen Huang, acknowledged that his relationship with Alice Huang was not a normal business relationship. Several law firms say they are investigating potential claims on behalf of shareholders, alleging the company made misleading statements or failed to disclose important information.

The article says Nvidia’s value has fallen by hundreds of billions of dollars amid allegations that Alice Huang had links to Chinese intelligence and a Singaporean data-centre company suspected of chip smuggling. Nvidia has denied that its secrets or national security were compromised, and its board is investigating whether Jensen Huang was targeted by foreign intelligence. Huang is due to meet congressional committee leaders on 18 November; Donald Trump said the FBI was “looking into” the matter. A separate Nvidia shareholder case dating to 2020 illustrates how such litigation can take years.