Nvidia share slide erases $816 billion in market value
3 days ago
New Zealand Herald
Home / Business
Financial Times
24 Jun, 2024 06:37 PM3 mins to read
President and CEO of Nvidia Corporation Jensen Huang. Photo / Chiang Ying-ying, AP, File
President and CEO of Nvidia Corporation Jensen Huang. Photo / Chiang Ying-ying, AP, File
Nvidia has lost $500 billion (NZ$816b) in market value since briefly becoming the world’s most valuable company last week, as its shares fell 5% on Monday.
Nvidia, whose gains alone are responsible for roughly
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