US Supreme Court allows investors’ class action to proceed against Nvidia

Nvidia Corporation is based in Santa Clara, California (Alamy/PA)

The US Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed.

The court’s decision on Wednesday comes in the same week that China said it is investigating the microchip company over suspected violations of Chinese anti-monopoly laws.