Jensen Huang Sheds $12 Billion As Nvidia Shares Sink, Falling Two Spots In Billionaire Rankings
7 Articles
7 Articles
Fear of stricter regulation of artificial intelligence after the Democratic victory provokes a wave of sales on Wall Street. Nvidia falls by more than 8% and technology companies lead the collapse.
Nvidia is heading for its fifth consecutive week of losses and, since its October record, the action has yielded almost 25%. Political concerns about data centers coincide with a sharp fall in the semiconductor sector, but there is no evidence here that they alone explain the setback. Historical records show that a downward streak does not guarantee an immediate recovery.
Nvidia fell 7.9%, Qualcomm and Arm Holdings also plummeted due to unwelcome prospects
Nvidia Stock Plunges Nearly 8% in Steepest Drop Since April 2025 as AI Chip Rout Erases 1,000 Nasdaq Points
Nvidia shares fell 7.64% in a broad sell-off across AI and semiconductor stocks, pushing the Nasdaq sharply lower as investors assessed AI spending concerns and awaited the company's quarterly results.
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