The final act in the espionage scandal. A lawsuit was filed against Nvidia and the company's CEO Huang

In the petition submitted to the Northern District Court of California, it was claimed that Nvidia and Huang misled investors by violating the relevant provisions of the Securities Exchange Act of 1934.

In the petition, it was argued that Nvidia's statements that there was no evidence that its chips were directed to China and Jensen Huang's statements that business relations with Megaspeed were "normal" were misleading. It was claimed that the statements in question did not reflect the truth because Jensen Huang did not disclose his relationship with Alice Huang, who is suspected of spying on behalf of China.

The plaintiff claimed that Nvidia and Huang did not disclose information that raised national security concerns that could threaten the company's reputation and future commercial prospects, and demanded compensation for the damages suffered by investors.