Nvidia's market capitalization decreased by $279 billion in one day, the largest decline in US history.
September 4, 2024, 9:14 AM GMT+9 (excerpt)
On the US stock market on the 3rd, Nvidia, a major semiconductor company, saw its stock price fall by 9.5%, resulting in a $279 billion decrease in market capitalization, the largest single-day decline for a US company. Amidst a weak economic indicators, market-wide selling intensified due to a retreat in excessive expectations towards artificial intelligence (AI).
The Philadelphia Semiconductor Index (SOX Index) plummeted by 7.75%, marking the largest single-day decline since 2020.
The earnings forecast for the third quarter (August-October) announced by Nvidia on August 28 was not as bullish as some investors had expected, leading to a prevailing sense of uncertainty towards AI.
The Philadelphia Semiconductor Index (SOX Index) plummeted by 7.75%, marking the largest single-day decline since 2020.
The earnings forecast for the third quarter (August-October) announced by Nvidia on August 28 was not as bullish as some investors had expected, leading to a prevailing sense of uncertainty towards AI.
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123かずき : I feel like there is a continued sign of a full-scale adjustment, including a decline after a good settlement. You can't rely on things like the theoretical stock price in this industry.