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Nvidia's Dramatic Stock Plunge: $400 Billion Loss in Just One Week

Nvidia's Dramatic Stock Plunge: $400 Billion Loss in Just One Week
9 months ago

This week, Nvidia, the leading graphics processing unit manufacturer, experienced a notable drop in market capitalization, losing around $400 billion in value. The total decline was attributed to a correction following a previous surge in stock prices driven by the booming interest in artificial intelligence and computing technologies. Consequently, Nvidia shares plummeted sharply, raising concerns among investors and analysts who had previously held high expectations for the company's future potential.

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