Nvidia tells the US Supreme Court it should dismiss a lawsuit accusing the company of misleading investors over crypto

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Jacob got his hands on a gaming PC for the first time when he was about 12 years old. He swiftly realised the local PC repair store had ripped him off with his build and vowed never to let another soul build his rig again. With this vow, Jacob the hardware junkie was born.

Lawsuits are probably like water off a very fat duck's back to Nvidia, but that doesn't mean it'll just roll over for them. In fact, it looks like the chip giant would rather have them dismissed before they even enter litigation.

The 2018 lawsuit that's resurfaced is separate from this, though. In fact, it has a pretty turbulent history itself, having been previously dismissed in 2021 but then resuscitated by the 9th Circuit Court of Appeals. Now, Nvidia's attempting to bat it down again by claiming it's not up to snuff. In other words, and to simplify massively, it seems like Nvidia could be claiming that the litigants need more evidence to have the lawsuit considered in the courts in the first place.the lawsuit's been accepted for consideration. Where the line between these two positions should be drawn—where the threshold for lawsuit consideration should be—is what the Supreme Court is considering.

The burning question on my mind, however, is this: With Nvidia doing so well, this resuscitated and continuing lawsuit surely can't be being pushed by those 2018 investors who stuck around and must by now be laughing all the way to the bank, can it? Perhaps it's being pushed by those who dipped out back then and are kicking themselves. I know I would be.

 

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