reuters.com
REUTERS
Facebook and NVidia request securities fraud protection from US Supreme court
The issue is the same issue which took down several companies 20 years ago,
illegal vendor financial results.
Number 3 current NVidia customer, SMCI, auditors resigned, citing untrustworthy management statements and financials.
Super Micro Computer stock tanks after accounting firm resigns
SMCI will be delisted from the Nasdaq AGAIN if the company cannot provide a remedial plan to regulators. SMCI was delisted over another accounting fraud that was discovered in 2018. People w/ history of fraud have a habit of doing it again.
Remember that in 2003 NVidia had to settle with the SEC for accounting fraud. .
and also in 2022
Nvidia'''s Former CFO to Pay Fine - Los Angeles Times
reuters.com
omens, might be slow going for the tech sector for awhile