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Lawsuit Claims Nvidia Execs Concealed Serious Flaw
snydeq writes "A lawsuit filed in a California court on Tuesday alleges Nvidia concealed the existence of a serious defect in its graphics-chip line for at least eight months 'in a series of false and misleading statements made to the investing public.' The lawsuit contends that Nvidia CEO Jen-Hsun Huang and CFO Marvin Burkett knew as early as November 2007 about a flaw that exists in the packaging used with some of the company's graphics chips that caused them to fail at unusually high rates. Nvidia publicly acknowledged the flaw on July 2, when it announced plans to take a one-time charge of up to $200 million to cover warranty costs related to the problem. That announcement caused Nvidia's stock price to fall by 31 percent to $12.98 and reduced the company's market capitalization by $3 billion, the lawsuit said. The lawsuit seeks class-action status against Nvidia and unspecified damages."
"Frankly, this whole fiasco just strengthened my love for ATI. Their newer binary blobs are amazing."
Quick! Someone frame the above. I never thought I'd see the day when someone said something nice about ATI drivers.
Nope, it seems that the cardboard box they were shipped in contain a high level of a rare Iridium isotope that causes molecular decay of the technology in the Nvidia chip. Nvidia runs on Logic diamonds and logic diamonds exposed to Iridium 237 causes rapid decay and failure.
If they would have had the packaging done in the USA instead of china things would have been ok.
NOTE: there is no danger to the consumer, the paint on the outside of the boxes has high amounts of lead in it, shielding you from the Iridium 237 radiation.
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Thanks!
Do not look at laser with remaining good eye.
Psh...AC isn't new. You must be new here!