September 4, 2024 11:26 AM
Nvidia suffers record $279 billion loss in market value as Wall St drops
Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitaliz...