Nvidia and its CEO Jensen Huang are facing a proposed class action lawsuit, Reuters reported. The case, brought by a shareholder, alleges that Huang concealed his relationship with a person suspected of being a Chinese spy. It comes as Nvidia’s independent board committee investigates whether Huang was an unwitting target of foreign intelligence activities. Markets now assign a 14.5% probability to Huang’s departure, up from 10% over the past 24 hours, according to related trading. Statements from the board and the findings of the investigation could influence market sentiment and Huang’s future at Nvidia.
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