Nvidia to pay $5.5M as part of SEC case for “insufficient disclosure” related to crypto mining

Nvidia has settled charges with the U.S. Securities and Exchange Commission after being accused of violating disclosure requirements by misrepresenting the impact of cryptocurrency mining on its gaming business.

The fine amount is peanuts compared to what would have happened to its stock price if they had released that information as they were supposed to. So in that respect, $5.5 MM is a deal really!