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Nvidia sheds US$220 billion after short run as top stock

Bloomberg
Bloomberg • 3 min read
Nvidia sheds US$220 billion after short run as top stock
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Nvidia Corp’s run as the world’s most valuable company didn’t last long.

Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over US$220 billion in market capitalization and dragging the company from its place as the world’s top stock. Nvidia’s market cap was about US$3.1 trillion on Friday, lower than Apple Inc at US$3.2 trillion and Microsoft Corp at US$3.3 trillion. 

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