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A comment on US gov fires a warning shot at Nvidia.

Re:US gov fires a warning shot at Nvidia by tiffanyh on Tuesday December 05, 2023 @05:24AM (#38529090)
Fiduciary Responsibility

This is a tricky one where it’s a lose/lose for Nvidia.

They have a fiduciary responsibility to investors to drive more revenue (while being compliant with laws), US gov doesn’t like that Nvidia is driving sales while technically being compliant to the letter of the law.

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Re:US gov fires a warning shot at Nvidia by bbarnett on Tuesday December 05, 2023 @05:40AM (#38529214)
They have far wider latitude with fiduciary responsibility, which is not a requirement. There are examples of such, and a primary would be a company taking an environmental stance. EG, leaving profit on the table for environmental reasons.

So it really isn't that tricky at all.

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Re:US gov fires a warning shot at Nvidia by 2OEH8eoCRo0 on Tuesday December 05, 2023 @10:40AM (#38532273)
No they do not. They have a duty to act in the interest of shareholders which basically means- don't abuse your position to enrich yourself.
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