AI Chipmaker Nvidia Shares Drop 10 Percent, Hitting Global Markets
By Owen Evans Shares of Nvidia, the leading AI chipmaker, dropped 10 percent, sparked by investor concerns over the U.S. economy and the future of artificial intelligence. This decline wiped $279 billion from the company’s market value, setting a record for the largest one-day loss by any company in U.S. stock market history. Nvidia is […]
By Owen Evans Shares of Nvidia, the leading AI chipmaker, dropped 10 percent, sparked by investor concerns over the U.S. economy and the future of artificial intelligence. This decline wiped $279 billion from the company’s market value, setting a record for the largest one-day loss by any company in U.S. stock market history. Nvidia is at the center of the massive artificial…
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