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NVIDIA Won't Share Details of Alleged $1 Billion Crypto Mining Biz

From decrypt.co

Lawyers for NVIDIA, the American graphic cards firm, this week refused to share records with investors, who allege that the company hid its reliance on the crypto-mining GPU industry in 2017—causing the stock price to fall after Bitcoin’s price bottomed out at the end of that year. During a trial yesterday at the Court of Chancery of the State of Delaware, NVIDIA attorney Patrick Gibbs said that the investors have not “met their burden” of proof necessary to compel the firm to disclose information, according to reporting by Law360. The investors, who partly comprise several pension funds, allege that NVIDIA ... (full story)

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