By John Kruzel and Andrew Chung WASHINGTON -The U.S. Supreme Court began hearing arguments on Wednesday in Nvidia's bid to torpedo a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how much of its sales depended on the volatile cryptocurrency market. It is one of two cases to come before the Supreme Court this month that …
The Supreme Court is set to consider bids by Meta's Facebook and Nvidia to fend off federal securities fraud lawsuits in separate cases. The justices may now be poised to rein in the power of private litigants to enforce federal rules aimed at punishing corporate misconduct. Facebook and Nvidia appealed to the Supreme Court after the San Francisco-based 9th U.S. …
