Nvidia share price declines | Why AI stocks are in a bubble | Share Market | Drishti IAS
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The shares of Nvidia fell 9.5% on Tuesday, marking the deepest single-day dip in market value for a US firm. The AI firm lost $279 billion in market capitalisation. The decline in shares reflects a broader market selloff, as investors tempered their enthusiasm for artificial intelligence in response to lukewarm economic data. This is a strong signal that investors are growing more cautious about the emerging AI technology that has driven much of this year’s stock market gains.
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