Reported 3 days ago
The Supreme Court has permitted a class-action lawsuit accusing Nvidia of misleading investors about its reliance on cryptocurrency mining revenue to move forward. This decision comes amidst a separate investigation by China into Nvidia for possible violations of anti-monopoly laws. The lawsuit follows a significant drop in Nvidia's stock price linked to a decline in cryptocurrency profits, and is supported by the Biden administration as a step toward corporate accountability.
Source: YAHOO