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Nvidia fined $5.5m for downplaying importance of “volatile” cryptomining on sales of gaming GPUs

Nvidia fined $5.5m for downplaying importance of “volatile” cryptomining on sales of gaming GPUs

The US Securities and Exchange Commission has fined Nvidia $5.5m USD for failing to properly disclose the impact of cryptomining on revenue the company earned from the sale of its gaming GPUs – a failure the SEC says “deprived investors of critical information [needed] to evaluate the company’s business in a key market”.

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