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NVIDIA hit with class action lawsuit over defective GPUs

Post by Jenny , 2008-09-10 18:37:37 Source: FiringSquad Editor:Jenny

Tags: NVIDIA lawsuit defect GPU

23

Dig

Yesterday a lawsuit was filed against NVIDIA.

 

Yesterday a lawsuit was filed against NVIDIA claiming they violated US securities laws by hiding a defect in certain GPUs that they've known about since last year. The lawsuit alleges that NVIDIA CEO Jen-Hsun Huang and company CFO Marvin Burkett knew about a defect in their graphics chips as early as November 2007.

 

NVIDIA ultimately acknowledged the flaw just two months ago, when they announced they were taking a $200 million charge to cover the cost of repairing the affected notebooks.

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