Nvidia shareholders sue the company and CEO Jensen Huang as shares fall over affair probe

Summary

Nvidia shares fell as much as 7% after the company announced an investigation into CEO Jensen Huang, who acknowledged an affair and apologised. Hindustan Times reports that the fall cost Huang about $7.4 billion in a single day and that he briefly slipped out of the top 10 of the billionaire list. Engadget reports that Nvidia shareholders are now suing the company and Huang, and that the shares plummeted over the executive's affair with an alleged Chinese spy.

Timeline

1. Hindustan Times

   10 Nov 2026, 05:53 UTCSource ↗

   Reports that Nvidia shares fell as much as 7% after the company announced an investigation into CEO Jensen Huang, who acknowledged an affair and apologised, and that Huang lost about $7.4 billion in a single day and briefly slipped out of the top 10 billionaire list.

2. Engadget

   10 Nov 2026, 23:42 UTCSource ↗

   Reports that Nvidia shareholders are suing the company and CEO Jensen Huang, and that the company's shares plummeted in response to the executive's affair with an alleged Chinese spy.