BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of NVIDIA Corporation (“Nvidia” or the “Company”) (NASDAQ: NVDA) investors concerning the Company’s possible violations of federal securities laws.
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, Nvidia’s stock price fell $6.82, or 6.4%, to close at $100.45 per share on August 5, 2024, thereby injuring investors.
If you purchased Nvidia securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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