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hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in NVIDIA Corporation (NASDAQ: NVDA) from March 18, 2024 through August 2, 2024.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by knowing but failing to timely inform investors that the Company would delay the rollout of the Company’s Blackwell B200 artificial intelligence chips.
On August 2, 2024, The Information reported that Nvidia’s “upcoming [Blackwell B200] artificial intelligence chips will be delayed by three months or more due to design flaws” discovered “unusually late in the production process.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in NVIDIA Corporation (NASDAQ: NVDA) from March 18, 2024 through August 2, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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