Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future Trajectory

Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future Trajectory

Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future TrajectoryGlobal graphics processing unit (GPU) giant Nvidia recently suffered a significant blow, with its stock price plummeting 3% overnight, resulting in a RMB 640 billion (approximately USD 9 billion) evaporation of its market capitalization. The catalyst for this dramatic fall was an investigation launched by the Chinese government, sparking widespread concern within the global tech community and sending ripples through the semiconductor industry...