Thu Sep 05 10:18:31 UTC 2024: – Nvidia suffered the worst day in stock market history, losing $279 billion in market value
– CEO Jensen Huang lost $10 billion in wealth from the stock decline
– The stock has been in decline since June 18, as investors grow skeptical of AI stocks
– The company is facing potential antitrust investigations from the US Justice Department, although Nvidia denies receiving a subpoena
– Despite the decline, AI bulls still believe in Nvidia’s potential and see it as a buying opportunity
– Nvidia’s stock remains up 118% this year with a $2.7 trillion market valuation

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