Find out the reasons behind Nvidia's massive stock drop and market value loss. Shocking insights inside!
Nvidia, the AI chipmaker, is experiencing a major downfall in its stock prices. The shares fell nearly 7% on Monday, extending a sharp decline since hitting a record high last Thursday, losing a significant $430 billion in market value. Investors are rotating out of the once hottest AI play of the year, causing Nvidia stock to sink more than 6% to close at $118.11 per share. Despite recent strong recovery, concerns loom over the future of Nvidia's share price rally. The chipmaker's value plummeted by over $550 billion, erasing gains and ending its stint as the world's most valuable company last week.
In a surprising turn of events, Nvidia's stock entered a correction on Monday, with Wall Street still backing the tech giant despite the massive losses. Analysts speculate on the 3 key factors that could potentially dash Nvidia's share price rally, urging investors to remain cautious. The sudden bloodbath for Nvidia, once the darling of the world, has left many shocked as over $646 billion was lost, highlighting the volatility in the tech industry. The historic rally of Nvidia stock took a significant hit, further sinking 5%, with the market capitalization dropping by a staggering $500 billion.
The rollercoaster ride of Nvidia's stock prices has kept investors on edge, witnessing a sharp decline from record highs to massive losses in a short period. While the tech giant has faced challenges, the future remains uncertain as industry dynamics continue to impact its market value. Nvidia's recent setback serves as a cautionary tale in the volatile world of tech investments, reminding investors of the risks involved even with top-performing companies.
Nvidia shares fell nearly 7% on Monday, extending a sharp decline for the AI chipmaker since the stock hit a record high Thursday.
Nvidia can't hold onto its gains. It fell into a correction Monday and has lost $430 billion in market value since it briefly became the most valuable ...
Nvidia (NVDA) stock fell more than 6% to close at $118.11 per share on Monday as investors rotated out of the hottest AI play of the year.
Jon Smith doesn't dispute the strong recovery in the Nvidia share price recently, but flags up several points that investors should watch for.
Just days after becoming the darling of the entire world, it's turned into a bloodbath for AI tech chip manufacturer Nvidia.
Chipmaker's shares have fallen 16% since Thursday, ending brief stint as world's most valuable company last week.
Nvidia stock's historic rally was doused further Monday, as shares of the artificial intelligence technology dominator are mired in one of their worst ...
The chipmaker - whose shares had risen nine-fold since the end of 2022 - overtook Microsoft as its stock market valuation reached $3.34trn (ยฃ2.63bn). Since ...
Nvidia shares slide 13% over last three sessions, wiping out half a trillion dollars of value since it became world's most valuable company last week.
The "AI darling" has recorded losses for three trading days in a row, waving goodbye to more than $500 billion in market value since last week's peak.
Now worth $2.91 trillion, Nvidia has fallen into third place globally, behind Microsoft (MSFT) and Apple (AAPL), which have a market cap of $3.33 trillion and ...
Nvidia Corp.'s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be.
Other market watchers suggested that investors may be harvesting some of their gains from the huge run-up in Nvidia and other A.I.-related stocks. (Huang sold ...
Nvidia has rapidly lost about $500 billion off its market capitalization amid concerns that the GPU maker may have become overvalued or that the AI market ...
Over the next three trading days, however, Nvidia shares plummeted 13%. The company lost more than $500 billion in value and plopped down to third place among ...
Nvidia recently lost its short-lived standing as the world's most valuable public company after a $227 billion stock selloff.
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Nvidia shares ended 6.8% higher at $126.09 apiece on June 25 after losing 13% from June 18 close of $135.58. The drop followed a rally in Nvidia shares seen ...
Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value.