Nvidia shares slide 13% over last three sessions, wiping out half a trillion dollars of value since it became world’s most valuable company last week
Airbus’s woes have hit UK aerospace manufacturers.
Rolls-Royce, which makes and maintains jet engines, are down 3.3% in London, while Melrose, which produces engine components, are down 3.7%.
In commercial aircraft, Airbus is facing persistent specific supply chain issues mainly in engines, aerostructures and cabin equipment.
These are mainly related to updated assumptions on schedules, workload, sourcing, risks and costs over the lifetime of certain telecommunications, navigation and observation programmes.
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