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Thu Sep 05 07:36:22 UTC 2024: – Nvidia experienced its worst day on the stock market, losing $279 billion in value
– CEO Jensen Huang lost $10 billion in personal wealth
– The company has been in decline since June, as investors grow skeptical of AI stocks
– Nvidia faces potential antitrust investigations from the US Justice Department
– Despite the decline, some analysts believe the stock presents a buying opportunity
– Nvidia’s stock is still up 118% this year and remains the third most valuable company after Apple and Microsoft
Nvidia is suddenly in trouble
Nvidia is suddenly in trouble