The FBI is investigating the relationship between Nvidia CEO Jensen Huang and Alice Huang, a Megaspeed executive suspected of being a Chinese spy, President Donald Trump said. Shareholders sued Nvidia in a California federal court, alleging that the company concealed the extent of the relationship. The case is also straining the company’s governance, which has no chairman or published succession plan, while 60 senior executives report directly to Huang. The board launched an internal investigation led by outside counsel but was criticized for prematurely declaring confidence in Huang and his leadership team. Nvidia will report third-quarter earnings on November 17, as a congressional inquiry and a possible sworn testimony loom.
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