4 Big reasons behind Nvidia’s record $250 billion-plus loss in one day, biggest-ever for an American company

Shares of AI chip giant Nvidia appear to be in a freefall. Earlier this week, Nvidia stock tumbled 9.5% in the deepest ever single-day decline in market value for a US company. The company’s market capitalisation declined by $279 billion, marking the steepest single-day fall for an American company. Since peaking on June 18, Nvidia’s shares have lost roughly 20% of their value.