Nvidia Fined $5.5 Million , for Not Properly Disclosing Sales to Crypto Miners.br IGN reports that on May 6, the br U.S. Securities and Exchange Commission (SEC)... .br ... announced Nvidia has been fined for br "inadequate disclosures" pertaining to the amount of br graphics cards that were purchased by crypto miners.br The SEC says Nvidia didn't reveal that crypto mining was "a significant element of its material revenue growth" for the 2018 fiscal year.br The SEC says Nvidia didn't reveal that crypto mining was "a significant element of its material revenue growth" for the 2018 fiscal year.br NVIDIA’s disclosure failures deprived investors of critical information to evaluate the company’s business br in a key market, Kristina Littman, Head of SEC's Crypto Assets and Cyber Unit, br via press release.br All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate, Kristina Littman, Head of SEC's Crypto Assets and Cyber Unit, br via press release.br IGN reports that there was a gaming GPU shortage in 2018 because of the high demand by crypto miners.br When there was another GPU shortage br in 2020, IGN reports Nvidia released br CMP graphics cards for crypto mining. .br While the gaming GPU supply has seemingly improved lately, prices are still inflated.br The Verge reports that as part of the br SEC settlement, the company agrees to br properly disclose information in the future.