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The Nexus
BUSINESSJul 8 · 14:03 UTCQUARTZColleen Cabili

Nvidia has lost $1 trillion in market cap and is all the way back to where it was before the AI boom

Nvidia has lost $1 trillion in market capitalization, returning to its pre-AI boom valuation. The stock has fallen 16% from its peak as investors shift focus to other semiconductor sectors like memory and storage.

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