Nvidia Securities Suit Turns on 2025 Statements, Lawyer Says

Whether Nvidia misled shareholders in statements issued Oct. 9, 2025, will be central to the securities case against founder and CEO Jensen Huang, attorney Laurence Rosen said.

The lawsuit alleges Nvidia and Huang failed to adequately disclose relationships with people associated with Singapore-based Megaspeed, along with potential national-security and commercial risks. Rosen said facts support the allegation.

Trump’s support for Huang and the Nvidia board’s position on national security do not determine the case’s outcome, Rosen said. Trump has said he believes Huang and that Huang told him he did not know the people were suspected of espionage.

Nvidia’s board has opened an independent investigation and said it has no reason to believe national security or company trade secrets were compromised. The case currently names Nvidia and Huang as defendants. Rosen said no decision has been made on adding defendants, including board members.