What Nvidia wants (but may not get) from the Supreme Court

Published On Nov 13, 2024, 4:39 PM

Nvidia is currently involved in a Supreme Court case that questions the requirements for investors to prove securities fraud against the company. They argue that V investors should present more specific allegations about CEO Jensen Huang's knowledge during the time of his statements regarding chip demand. The Supreme Court justices expressed skepticism towards Nvidia's position, raising concerns over the complexity of the analysis they would need to undertake. This case, alongside a similar one involving Meta, may set precedents affecting future securities fraud litigation.