Nvidia sell-off wipes $500bn off value of AI chip firm business live
Briefly

Nvidia's stock has dropped by 13% in a correction, with losses over $500bn in the past few days, impacting the broader market indices like NASDAQ and S&P 500.
Analysts warn of a potential bubble burst in the AI stock market, as profit-taking by investors could trigger contagion and impact other big tech names.
Despite the recent drop, Nvidia's stock had a remarkable 140% increase in 2024, driven by excitement about AI systems powered by the company's high-end chips.
Read at www.theguardian.com
[
|
]