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Day: May 7, 2022

May 07
Nvidia to pay $5.5 million penalty to settle SEC charges over inadequate disclosures of cryptomining impact on results

Shares of Nvidia Corp. NVDA, -0.90% fell 1.5% in morning trading Friday, after the semiconductor company agreed to pay a $5.5 million penalty, to settle charges made by the Securities and Exchange Commission regarding inadequate disclosures concerning the impact of cryptomining on Nvidia’s gaming business. The company also agreed to a “cease-and-desist” order, the SEC […]

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