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Investigation Details
Nvidia is the subject of a report by The Information published on August 2, 2024. According to the report, the Company’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.” Following this news, shares of Nvidia fell sharply in intraday trading on August 5, 2024.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.