Fall overnight comes after it shrinks by $279bn on Tuesday in biggest one-day drop in value by US company
Shares in the AI chip designer Nvidia have continued to slide overnight after a report said US authorities were ramping up an investigation into whether the company had breached competition laws.
The company’s shares fell 2.4% in after-hours trading, exacerbating a near-10% drop in the regular trading session that slashed its value by $279bn (£212bn) to $2.6tn, marking the largest one-day drop in history for a US company.
About Author
More Stories
In the red: global wine sales fall to lowest levels since 1961
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang
China accuses UK politicians of ‘arrogance’ in British Steel row