Against Nvidia prepares a collective action in connection with the decline in demand for 3D cards

The decline in demand for 3D cards by cricket buyers has already resulted in a reduction of more than 50% in the value of Nvidia shares compared to the maximum value reached in 2018. But these problems of manufacturer of graphics processors may not be limited. The California law firm Schall Law, convinced that Nvidia misled its shareholders, is preparing a class action against him. Those wishing to join the prosecution are invited to do so by February 19th.

According to Schall Law, Nvidia made false and misleading statements, "declaring" the ability to "control the cryptography market and make swift changes to their business if necessary". In addition, Nvidia ensured that any drop in demand for its graphics processor from packaging wrappers would not have a negative effect on the commercial company due to the strong demand for GPU for the gaming market . As practice proved, these public statements were unfounded. According to Schall Law, aggrieved investors have the right to claim compensation for losses suffered.