Tag: Nvidia
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Nvidia Becomes First $4 Trillion Company
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Nvidia has made history by becoming the first company to reach a $4 trillion market valuation, thanks to the ongoing global boom in artificial intelligence (AI). The American semiconductor company’s stock price surged to an all-time high of $164.32 recently, pushing its market cap past the record-breaking milestone. Though the share price slightly dropped to…
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Crypto Slips as Nvidia’s $5.5B Blow Sparks Market Jitters
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A sharp decline in Nvidia shares sent shockwaves through global markets late Tuesday, dragging down both equities and cryptocurrencies. A fresh $5.5 billion write-down—linked to a U.S. ban on Nvidia’s H20 chip sales to China—has sparked renewed fears over trade tensions and recession risks, souring investor sentiment across risk assets. Bitcoin Drops After Hitting Two-Week…