Massive loss! Nvidia lost $470 billion last week, is there something wrong? Should investors be worried?
Nvidia is going through an epic nosedive, having lost nearly $470 billion last week. However, there are still chances that the company will rise through the ashes, once its AI chip is on the market. There are also rumors that the stock price is being driven down with a motive to earn profits after its one-of-a-kind artificial intelligence-enabled chip is launched into the markets, which will make the company's stock rally upwards.
Nvidia's doom continues: Nearly half a trillion dollars wiped off
As each day passes without the launched of Nvidia's AI chip, which has seen billions being invested into its R&D, the company's future keeps falling through the cracks, and the fate of everything is clearly very uncertain. Investors are currently going frantic over the status of the stock, but there are still hopes that once the chip is launched into the market, things will take a definitive turn for Nvidia.
Almost half a trillion dollars of investor money has been lost by the company in the last few days itself, making it enough reason to cause an investor panic, that has the ability to create more havoc.
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What is the other side to the Nvidia story?
This significant drop may understandably raise concerns. However, it's crucial to consider the broader context before making any hasty decisions.
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