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NVIDIA faces shareholder lawsuit over CEO's alleged affair with suspected Chinese spy, causing $500B market value loss.

Market News
11 Nov 2026, 10:16 WIB
GlobeNewsWire
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Bearish
NVIDIA faces shareholder lawsuit over CEO's alleged affair with suspected Chinese spy, causing $500B market value loss.

NVIDIA is under investigation following allegations that CEO Jensen Huang had an affair with a suspected Chinese spy linked to a company involved in evading export controls. This has raised national security concerns and led to accusations that NVIDIA made false and misleading statements about its relationship with the company Megaspeed. The FBI and a New York law firm are conducting probes, while NVIDIA's stock price has plummeted, wiping out $500 billion in market value since November 6, 2026. Shareholders are encouraged to contact Moore Law, PLLC for potential legal claims and compensation.

NVIDIA shares trade at USD 173.21 on Pluang as of Nov 11, 2026, 15:11 WIB, rising 2.62% in the last day. The stock remains well below its 52-week high of USD 239.27. Investor activity shows 64% buying and 36% selling, with a typical hold time of 118 days on the platform.

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