Is the AI bubble bursting? Nvidia's stock takes a nosedive, wiping out billions in market value.
Nvidia's stock has been on a wild ride, plunging into correction territory less than a week after reaching record highs. The three-day slide in Nvidia shares has erased over $400 billion in market capitalization, leaving investors reeling. The AI-focused chipmaker's swift downturn has not only impacted its own stock but has also dragged down the Nasdaq, putting Apple and Microsoft back on top.
The continued drop in Nvidia's stock has raised questions about the sustainability of the artificial intelligence (AI) trade. With shares plummeting 6.5% and entering correction territory, concerns about an AI bubble bursting loom large. The company's market value has taken a hit, shedding over $550 billion since its brief stint as the world's most valuable company.
Despite the intense selloff, Nvidia is not out of the woods yet. With the stock sliding 13% in just three days, the chipmaker faces uncertainty in the market. The historic rally that once dominated the AI technology realm now sees Nvidia struggling to maintain its position amid the market turbulence.
As investors watch Nvidia's stock continue its freefall, comparisons to tech giants like Cisco and Intel emerge. The volatile nature of the current market environment draws parallels to past experiences, sparking debates about Nvidia's future trajectory. Despite the setbacks, Wall Street continues to show confidence in Nvidia, highlighting the enduring support for the company's long-term growth prospects and technological innovations.
By Emily Bary. Three-day slide in Nvidia shares wipes out more than $400 billion in market cap. The swift recent downturn in Nvidia Corp. shares has taken ...
Nvidia shares are dragging down the Nasdaq as the stock slips from record highs that made it the world's most valuable company.
Is the AI bubble bursting? The artificial intelligence (AI) trade took a turn for the worse on Monday as Nvidia (NVDA -6.68%) shares dropped as much as ...
Chipmaker's shares have fallen 16% since Thursday, ending brief stint as world's most valuable company last week.
Nvidia Corp. shares fell on Monday, with the AI-focused chipmaker entering correction territory as it extends a sharp recent selloff.
Nvidia shares fell 6.7% on Monday, the chipmaker's third down day in a row, and the stock is now off 13% from its peak 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 ...
Nvidia shares fell nearly 7% on Monday, extending a sharp decline for the AI chipmaker since the stock hit a record high Thursday.
By Emily Bary. Three-day slide in Nvidia shares could wipe out $400 billion in market cap. The swift recent downturn in Nvidia Corp. shares is set to take ...
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.
Recent volatility in Nvidia Corp.'s stock is bringing back memories from the start of this century, when companies like Cisco Systems Inc. and Intel Corp.
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 entered a correction Monday, after the AI chip maker's shares fell for a third straight day. A correction is typically defined as a ...
Abercrombie & Fitch's stock surge is outpacing Nvidia's. The retailer's impressive performance and strategic turnaround under CEO Fran Horowitz have ...
Nvidia stock looks to have been hit by fears over a potentially stretched valuation. Companies seen as associated with Nvidia's success also looked to be ...
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.
"They've been in this market for quite some time and the competitors are behind by 24 months," Constellation Research said of Nvidia.
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 ...
Shares of the AI company are down 13% in just a week, erasing more than $428 billion in market value. That's more than what 96% of the stocks in the S&P 500 are ...
Nvidia has lost its briefly worn crown as the world's most valuable listed company after its stock plunged almost 13% in the past week.
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 ...
In the past few days, Nvidia's shares have lost billions in market value and the chipmaker has slipped off its perch as the most valuable stock on Wall ...
Nvidia shares have returned to rally mode in the wake of its stock split, thanks to an important new market for the company.
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 ...
US stocks traded mixed on Tuesday, pulled in opposite directions from the Nasdaq and the Dow, as AI chipmaker Nvidia (NVDA) eyed a cautious comeback from a ...
Nvidia recently lost its short-lived standing as the world's most valuable public company after a $227 billion stock selloff.
The company's $2.97 trillion market capitalization puts it behind Microsoft, at $3.34 trillion, and Apple, at $3.22 trillion. Because Nvidia has become so ...
In the past few days, Nvidia's shares have lost billions in market value and the chipmaker has slipped off its perch as the most valuable stock on Wall...
Nvidia Corp. shares snapped back with a vengeance on Tuesday after a three-session slide that carried them into correction territory.