Nvidia sees over $500bn wiped off value after shares slide—the biggest three-day value loss for any company in history
Posted on AllSides June 25th, 2024
From The Center
![](https://www.allsides.com/sites/default/files/styles/news_large_image/public/3942163.jpg?itok=2JHy8LHW)
Nvidia’s Jensen Huang is beginning to learn the meaning of the expression “the higher they rise, the harder the fall”. After briefly eclipsing Microsoft and Apple in value last week—and indeed entire European stock markets—the company behind the AI chip boom has experienced the single fastest drawdown in history. Over the past three days, roughly $430 billion in Nvidia’s market cap has been wiped out, which is the biggest three-day value loss for any company in history. If you measure the drop from its intraday peak on Thursday, more than...
Some content from this outlet may be limited or behind a paywall.