Nvidia's $640 Billion Market Cap Evaporation: China's Market Is No Longer a "Cash Cow"
Nvidia's $640 Billion Market Cap Evaporation: China's Market Is No Longer a "Cash Cow"Nvidia's seemingly nonchalant response "We are happy to answer any questions from the regulators" failed to anticipate the ensuing storm. A single investigation announcement wiped $640 billion off the global chip giant's market capitalization, which exceeded a trillion dollars, and exposed it to a potential $5 billion fine...