NVIDIA's tight-lipped approach to insurance wins no battles

Things get even thornier on the next bit, on Page 25, Paragraph m(1). That says that property damage from "A defect, deficiency, inadequacy or dangerous condition in "your product" or "your work"" does not qualify for coverage under the policy. That sounds like defective chips might not be covered because they are defective, not because they broke for some unknown mysterious reason that Nvidia won't say.

In the end, the whole sad story backs up what we have been saying since the early days of this whole Nvidia "bad bumps" defective chips fiasco.

Nvidia is knowingly covering things up, denying information to the people who need it, and stonewalling everything. The list of affected parts has grown longer and longer, the list of affected OEMs by now basically comprises the list of all of Nvidia's OEMs, and now it looks like the company's hope of an insurance payout are under threat.

The only common thread is that Nvidia simply won't tell the truth no matter what. Every public statement it has made, from sworn SEC documents to off -the-record claims, has been disproven, but still it carries on with its version of events, almost as though its reality trumps all others by force of will.

While this story is fairly well fleshed out now, the ability of Nvidia to dig its own grave deeper seems to be never ending. The allegations in the NUFI lawsuit are so farcical at times they stretch the ability to believe, unless you have been dealing with Nvidia before for a while. Then you'll recognise it as business as usual.

Note: NUFI/AIG was contacted twice for comments on this story. We have not heard back from them either time, but will update or follow up should they respond.