Nvidia Chief Executive Officer Jensen Huang‘s infidelity scandal has escalated into a shareholder class-action lawsuit. Following his apology to his family and demands for damages from investors, his past appearances on Korean broadcasts and events have also drawn renewed attention.
On the 10th (Korean time), the U.S. Rosen Law Firm filed a securities class-action lawsuit against Nvidia and CEO Huang in the U.S. District Court for the Northern District of California on behalf of shareholders including Mark Kistenmacher.
The plaintiffs claimed that Huang and Nvidia concealed national security risks related to Alice Huangβsuspected of being a Chinese intelligence spyβand Megaspeed, a Singaporean company where she worked. The argument is that investors suffered losses as the stock price dropped after the relevant details were made public.
As of the previous day, Nvidia’s stock closed at $178.67, down 4.27% from the previous trading day. The market capitalization lost in a single day amounts to approximately $190 billion.
Previously, Huang admitted in a letter to executives and employees on the 9th that he had not been faithful to his wife. He expressed that there was no excuse for hurting his wife and children through his actions, and apologized to his family and colleagues. He also requested that his family’s privacy be respected, stating they bear no responsibility for his choices.
Following this apology, the love story with his wife that he revealed on a domestic variety show last June has been re-examined. CEO Huang appeared on tvN’s ‘You Quiz on the Block’ and shared the story of meeting his wife, Lori Huang, who is two years his senior, during his college days. He explained that her proposal to study together and help him achieve good grades was the catalyst for their relationship.
He stated that his wife picks out the clothes he wears, including his signature leather jacket. His wife and daughter, Madison Huang, accompanied him to the recording site at the time. A broadcast introducing the daily life of a couple who have been together for a long time is being discussed again following the admission of infidelity.
Scenes from a visit to Korea alongside Shin Ah-young have also drawn interest. CEO Huang attended the ‘GeForce Gamer Festival’ held at the COEX K-Pop Square in Gangnam-gu, Seoul, on October 30 of last year. At the event, he conversed and hugged Shin Ah-young, who hosted the event, and Shin later posted photos taken together on her social media.
Remarks mentioning Hwasa on ‘You Quiz on the Block’ also drew renewed attention. When asked if he usually enjoys listening to K-pop, CEO Huang mentioned the ‘K-Pop: Demon Hunters’ OST ‘Golden’ and stated that he also likes Hwasa’s music. He then expressed his fandom, saying, “I also greatly love Hwasa’s music. It’s very charming.”
The schedule for eldest daughter Madison Huang’s visit to Korea was also canceled. Madison Huang was originally scheduled to enter the country on the 8th to attend ‘Nvidia AI Day Seoul 2026’ and meet with domestic government and corporate officials. The reason for the cancellation was reported as ‘family reasons,’ and the specific background has not been disclosed.
The Nvidia board of directors has launched an independent investigation into allegations of access by foreign intelligence agencies. The board stated that there is currently no reason to believe that national security or company secrets were compromised, and CEO Huang stated that he would cooperate with the investigation.
