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NVIDIA Faces Class Action Lawsuit Over Hidden Crypto Revenue
A U.S. federal court has certified a class action lawsuit against NVIDIA and CEO Jensen Huang.
Key Details:
➤ Investors allege #NVIDIA hid $1B+ in crypto mining GPU sales during 2017-2018
➤ Revenue was reportedly recorded under its gaming segment
➤ Court filings suggest crypto demand drove ~83% of NVIDIA's GPU growth in that period
➤ @nvidia stock dropped 28.5% in Nov 2018 when the truth surfaced
➤ NVIDIA already paid $5.5M SEC fine in 2022 for similar charges
Next hearing: April 21, 2026
This case is a powerful reminder of how deeply crypto demand once shaped Big Tech earnings and why transparency matters for investors.