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Nvidia shares fell to $166.95 on Tuesday, November 10 - below the level at which the stock began the year. The investigation surrounding company CEO Jensen Huang has reached Congress: the chairman of the House committee is ready to issue him a subpoena.
On November 9, 2026, a shareholder class action (a complaint on behalf of all who purchased the securities during a specified period) was filed in the U.S. District Court for the Northern District of California against Nvidia and its CEO Jensen Huang. The claim: the company did not disclose to investors Huang's connection to a woman whom U.S. authorities consider an alleged Chinese intelligence agent.
The story around the personal ties of Jensen Huang, the founder and head of Nvidia, has moved into the legal realm: the FBI has taken up the investigation, and shareholders have filed a class-action lawsuit against the company and Huang himself.
