The Nvidia Scandal Just Got Real as the FBI Probes CEO Jensen Huang Nauman Khan Tue, November 10, 2026 at 12:57 PM EST 1 min read NVDA -6.13% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia (NASDAQ:NVDA) is facing widening scrutiny after President Donald Trump said the FBI is reviewing CEO Jensen Huang's conduct.
Trump said Monday that he had spoken with Huang, who denied knowing that a woman he was reportedly involved with was a spy for China. The president confirmed the FBI is examining the matter.
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A Los Angeles law firm has filed a proposed class-action lawsuit against Nvidia and Huang in federal court in San Jose, California. The suit alleges the defendants made false or misleading statements that posed a material risk to the company.
Stephen Neal has been named the board's lead independent director, a role that may place him at the center of Nvidia's internal review. Questions about succession planning also appear to be drawing investor attention.
Despite the developments, a broader rally across Wall Street, helped by large chip names, suggested the controversy has not derailed sentiment toward the sector. Nvidia has said it has no reason to believe trade secrets or national security information were compromised.
