Reported 11 months ago
Nvidia's shares entered correction territory with a 13% drop, making it the biggest three-day value loss for any company in history, erasing about $430 billion from its market capitalization. The ongoing selloff led to Nvidia's valuation falling below $3 trillion, impacting chipmakers like Broadcom, Qualcomm, and ARM Holdings. Despite the downturn, Nvidia is still up nearly 140% for the year, but concerns about its high valuation persist.
Source: YAHOO