A U.S. federal judge has approved a class-action lawsuit against NVIDIA and CEO Jensen Huang, alleging they concealed the impact of cryptocurrency mining on gaming GPU revenues between 2017 and 2018. The lawsuit claims NVIDIA misclassified over $1 billion in mining-related GPU sales under its gaming segment, misleading investors about the company's exposure to crypto market fluctuations. This follows a $5.5 million fine by the SEC in 2022 for related disclosure violations.
NVIDIA Faces Class Action Over $100M Crypto Mining GPU Revenue
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