The U.S. Supreme Court rejected an appeal by Nvidia (NASDAQ:NVDA) looking to avoid a securities fraud lawsuit by stockholders, who alleged that the company misled investors about how much of its sales relied on the cryptocurrency market,

The U.S. Supreme Court dismissed on Wednesday an appeal by artificial intelligence chipmaker Nvidia seeking to avoid a securities fraud lawsuit by shareholders who accused the company of misleading investors about how much of its sales depended on the volatile cryptocurrency market.