Wachtell Lipton Rosen Katz

Nvidia stock rebounds 5% ahead of earnings as Huang scandal probe continues

Nvidia shares rose about 5.3% in premarket trading Wednesday, recovering after two days of declines tied to reports about CEO Jensen Huang's alleged relationship with a suspected Chinese spy. The stock had dropped 5.47% Tuesday and 4.3% Monday. Nvidia has hired law firm Wachtell, Lipton, Rosen & Katz to examine whether company secrets or national security were put at risk, with the CEO returning to the office this week ahead of the company's November 17 earnings report.

cnbc.com · 2026-11-11

Nvidia board hires Wachtell Lipton to probe Jensen Huang affair allegations

Nvidia shares fell roughly 9.5% over two trading days after reports that CEO Jensen Huang had an extramarital affair with Alice Huang, who U.S. intelligence agencies reportedly suspect of spying for China. Nvidia's independent board members have retained law firm Wachtell, Lipton, Rosen & Katz to conduct an internal investigation into the matter.

techcrunch.com · 2026-11-11