US Supreme Court justices signaled they are headed toward a narrow ruling on shareholder lawsuits as they weighed an effort to sue Nvidia Corp. for allegedly misleading investors over its dependence on crypto-mining revenue.

The case, which is in an early stage, accused the giant technology company of misleading investors about its exposure to the cryptocurrency industry.

The U.S. Supreme Court is set on Wednesday to hear arguments in Nvidia's bid to torpedo a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how much of its sales depended on the volatile cryptocurrency market.

The Supreme Court on Wednesday weighed a bid from chipmaker Nvidia as it attempts to avoid a suit alleging its executives mislead investors about the extent its sales depended on volatile