SEC: Nvidia failed to disclose crypto as revenue generator

Photo caption: People gather in the Nvidia booth at the Mobile World Congress mobile phone trade show Thursday, Feb. 27, 2014 […] Photo credit: AP Photo / Manu Fernandez, File. Article by Associated Press. TechXplore – May 6, 2022.

Nvidia, a major tech company that has expanded aggressively into gaming, will pay a $5.5 million penalty for failing to disclose that cryptomining was a significant source of revenue growth from the sale of graphics processing units that were produced and marketed for gaming. […]

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