By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Supreme Court seems likely to allow class action to proceed against tech company Nvidia
preview.jpg
FILE - The Supreme Court building is seen, June 28, 2024, in Washington. - photo by AP Photo/Mark Schiefelbein, File
WASHINGTON (AP) — The Supreme Court on Wednesday seemed likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency. The justices heard arguments in the tech company's appeal of a lower-court ruling allowing a 2018 suit led by a Swedish investment management firm to continue. It’s one of two high court cases involving class-action lawsuits against tech companies.