The Supreme Court heard arguments in a case involving a class-action lawsuit against Nvidia, a tech company accused of misleading investors about its reliance on selling computer chips for cryptocurrency mining. The lawsuit, initiated by a Swedish investment management firm in 2018, alleges that Nvidia failed to disclose the extent of its dependence on cryptocurrency-related revenue.
The case is part of a broader trend of class-action lawsuits targeting tech companies. Last week, the Supreme Court deliberated on a similar lawsuit against Facebook parent Meta related to the Cambridge Analytica scandal.
