Nvidia, a top AI chip maker, has faced an extraordinary three-day decline, losing a massive $430 billion USD ($646 billion AUD) in market value.
This sharp decline came after Nvidia briefly became the most valuable company by market capitalization, overtaking Microsoft just last week.
Over three days, Nvidia’s shares fell by 13%, leading to a steep drop in its market value.
Even with this significant drop, Nvidia’s share price has still increased by nearly 11% over the past month, now at $118.11 USD, down from its high of $135.58 USD.
This record-setting loss represents a notable setback for Nvidia, yet the company continues to be a major force in the tech industry.
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