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Latest Tech News Tech Tech News Nvidia suffers $279 billion loss in market value, biggest single-day wipeout

Nvidia suffers $279 billion loss in market value, biggest single-day wipeout

Nvidia lost $279 billion in market capitalization, a major indication that investors are becoming more cautious about emerging AI technology.

Updated on: Sept 04 2024, 12:26 IST
Nvidia suffers $279 billion loss in market value, biggest single-day wipeout
The latest jitters about AI come after Nvidia last Wednesday gave a quarterly forecast that failed to meet the lofty expectations of investors. (REUTERS)
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By REUTERS

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First Published Date: 04 Sept, 12:26 IST
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