Chip manufacturer, Nvidia is facing a class-action lawsuit over the losses reported by the company over diminished demands filed by miners. The complaint was filed by Schall Law firm on Dec 24 on behalf of its investors who suffered the losses.
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Wow, investors are really that immature over losses made over their shares because of the 2017 bubble?
>The complaint filed states that “The Company made false and misleading statements to the market.” Nvidia boasted on its ability to monitor the crypto-currency market and made rapid changes to its business as necessary. This turned out to be a complete sham once crypto-currencies mining came crashing down
Oh, well that's actually a valid reason to sue the company. This likely explains why Turing was rushed out the door. They needed a new product/technology that's commercially available to ensure investor-confidence in the company's long-term.
I don't care what right or valid reason those crypto investors actually have. I hope they lose and get shown the door!
They're probably the same arrogant people who went around telling everyone how they've seen the future and why everyone who is skeptical of crypto currency is a short-sighted idiot.
Karma bitches, karma. Suck it up, no-one said investment is risk-free.