Nvidia Class Action Lawsuit
Posted in pcgaming | 2022-05-29
Nvidia Won that Billion-dollar Crypto Mining Lawsuit
In 2017, Nvidia investors set in motion a class-action lawsuit against the chipmaker, accusing it of misleading them about how many of its sales were down to cryptocurrency miners rather than, you know, people who wanted Geralt's hair to look nice or whatever —information that would have allowed said investors to better ...
Did Nvidia Get Sued?
The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.'s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society.
Why did the FTC Sue Nvidia?
The FTC alleges that post-transaction, Nvidia would have the ability and incentive to foreclose competitors by withholding, delaying or degrading access, changing the terms of availability, or otherwise leveraging Arm IP to harm Nvidia's semiconductor chip rivals rather than continuing to neutrally license and develop ...
Is Nvidia Still Buying Arm?
NVIDIA and SoftBank Group Announce Termination of NVIDIA's Acquisition of Arm Limited. SANTA CLARA, Calif., and TOKYO – Feb. 7, 2022 – NVIDIA and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG.