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SEC Slaps NVIDIA With A $5.5M Fine For Not Adequately Disclosing Crypto GPU Sales Impact

SEC Slaps NVIDIA With A $5.5M Fine For Not Adequately Disclosing Crypto GPU Sales Impact
The United States Securities and Exchange Commission (SEC) has accepted a $5.5 million settlement offer from NVIDIA over findings that it “failed to disclose” in its filings that “cryptomining was a significant factor in year-over-year growth” from its GPU sales. Though NVIDIA submitted the offer, which the SEC accepted, it comes without admitting

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Author: Paul Lilly