Nvidia has shed nearly $500 billion in market value this week. It’s still a $4 trillion AI behemoth.
Summary
Chipmaker Nvidia has lost nearly half a trillion dollars in market value over the course of the week. Despite this significant drop, the firm remains a massive four-trillion-dollar artificial intelligence giant. Investors are now watching inflation data while questioning the company's future leadership and its ability to maintain dominance in the hardware sector.
Can Nvidia keep its lead in AI chips without Jensen Huang? Plus, what investors are watching on inflation.
Source: Read the full story at MarketWatch.com - Top Stories
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