The numbers behind the end of AI kingpin Nvidia’s brief reign as the world’s biggest company are staggering.
The US chip manufacturer has had more than $550bn (£433bn) wiped from its value since the sellers got to work and blew the top off its Thursday peak. That’s a more than half-trillion-dollar dive, and the biggest three-day value loss for any company in history.
To put that in context, Britain’s top three most valuable companies – drugs giant AstraZeneca, oil major Shell and international banking group HSBC – are worth a combined £500bn ($633bn), just a little bit more than has been shaved from Nvidia’s market value over a couple of days.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
