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Supreme Court allows investors’ class action to proceed against microchip company Nvidia

  • The Supreme Court has allowed a class action lawsuit by investors to proceed against the microchip company Nvidia.
  • Investors allege that Nvidia misled them about the cryptocurrency market's impact on its business.
  • The class action claims that Nvidia's statements inflated its stock price.
  • Nvidia has denied any wrongdoing, and the ruling allows the case to move forward in a lower court.
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Winnipeg Free Press broke the news in Winnipeg, Canada on Wednesday, December 11, 2024.
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