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Why are Nvidia shares falling?

Why are Nvidia shares falling?

Last Updated: Sep 04 2024 | 8:17 PM IST

Over the past few weeks, Nvidia shares have been in freefall, with a staggering 9.5% drop that erased nearly $279 billion in value. That’s right—$279 billion! This is the biggest single-day loss ever seen by a US stock. So, what’s behind this massive meltdown? Here're some points.