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The Significant Cause Behind Nvidia’s Sharp Share Price Drop

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June 25, 2024
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Nvidia, the chipmaker that has experienced a nine-fold increase in its share value since the end of 2022, recently surpassed Microsoft as the world’s most valuable company with a stock market valuation of $3.34 trillion (£2.63 billion). However, in the past week, the company’s shares have fallen by 13%, resulting in a decline of over $500 billion (£394 billion) from its market valuation.

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