On November 11, news broke that NVIDIA and its founder Jensen Huang were hit with a securities class action lawsuit by shareholders, who accuse them of misconduct that misled investors. The suit stems from Huang's recent admission of an extramarital affair on the company's website. On November 9, U.S. President Trump publicly voiced support for Huang at a White House press conference, stating, "I believe him." Lawrence Rosen, attorney for the plaintiffs, said that Trump's statement that Huang was unaware and the NVIDIA board's statement that national security was not harmed—even if true—cannot determine the outcome of the case. At the heart of the case is whether the statements made on October 9, 2025, were misleading, and existing facts support this conclusion. Currently, the lawsuit targets only NVIDIA and Huang, and Rosen said it has not yet been determined whether other defendants will be added, including board members.