Class action wey concern Nvidia crypto GPU money don clear make e go trial

Nvidia money wey dem dey make from crypto GPU don land for one certified investor class action for California. For March 25, US District Judge Haywood S. Gilliam Jr. approve the class certification, push the case go trial. Court talk say certification na procedural and e no mean say Nvidia talk false tin; the matter go focus on “price impact” — whether the alleged lack of disclosure affect Nvidia stock. The class cover investors wey buy Nvidia shares from Aug 10, 2017 to Nov 15, 2018. Plaintiffs dey claim say Nvidia and CEO Jensen Huang misrepresent or downplay how much gaming GPU demand come from crypto miners, and dem fail to disclose gaming revenue wey tie to crypto‑related GPU sales. Timeline wey dem mention include stock drop about 4.9% after Nvidia earnings call and guidance cut on Aug 16, 2018, and then sharper fall after Nov 15, 2018 revenue warning (about 28.5% down in two days). Lawsuit still refer to earlier regulator action in 2022 when Nvidia agree pay $5.5 million penalty and make cease‑and‑desist for poor disclosures about crypto mining impact on its gaming GPU business. For Dec 2024, US Supreme Court refuse to step in, so litigation still dey. For crypto traders, this no be direct crypto token catalyst, but e fit raise headline risk and volatility inside the “AI/GPU + crypto mining demand” tech story wey sometimes affect broader risk sentiment. Expect make people watch Nvidia disclosure headlines and any trial updates wey concern crypto GPU revenue assumptions.