Shares of Nvidia Corp. 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 said. The SEC's order also found that Nvidia failed to maintain adequate disclosure controls and procedures. The agreed upon settlement comes Read More...
Shares of Nvidia Corp. 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 said. The SEC’s order also found that Nvidia failed to maintain adequate disclosure controls and procedures. The agreed upon settlement comes
