Nvidia sheds fifth of value in two weeks

Hanno Labuschagne

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Nvidia sheds fifth of value in two weeks

Nvidia Corp. wiped out about $406 billion (R7.25 trillion) in value this week, weighing on key equity benchmarks as jitters spread over the health of the US economy and an AI trade that may have gotten ahead of itself.


The world’s largest artificial intelligence (AI) chipmaker shed a fifth of its value over the past two weeks.

[Bloomberg]
 
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