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DevelopingDay 2

The Nvidia shareholder suit over alleged spy ties

  1. Update 1 of 1LatestDay 2

    Nvidia and Huang face investor suit—but the stock slide came first

    The proposed class action challenges Nvidia's disclosures about Jensen Huang's alleged relationship and security risks. The stock decline preceded the filing, and the intelligence allegations remain unproven.

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    Business Insider

    • Shareholders file the proposed class action against Nvidia and Huang.

Who reported

Who reported

19 outlets · 24 sources

13 of 19 had reported by this moment

Timeline

Timeline

Day 2 · 1 report

  1. Nvidia announces an independent investigation into reports that Huang was targeted by a foreign intelligence effort.

  2. First to report

  3. Shareholders file the proposed class action against Nvidia and Huang.

  4. Shares close at a reported $178.67, down 4.27%, or 4.3% rounded.

Who's involved

Who's involved

People

  • Jensen HuangAmerican entrepreneur and businessman; co-founder and CEO of Nvidia

Organizations

  • NvidiaAmerican multinational technology company

Places

  • San Jose