{"id":825594,"date":"2024-06-25T09:34:56","date_gmt":"2024-06-25T04:04:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=825594"},"modified":"2024-06-25T09:58:35","modified_gmt":"2024-06-25T04:28:35","slug":"nvidia-hits-correction-territory-as-slump-wipes-out-430-bn-in-market-value","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/25\/nvidia-hits-correction-territory-as-slump-wipes-out-430-bn-in-market-value\/","title":{"rendered":"Nvidia hits correction territory as slump wipes out $430 bn in market value"},"content":{"rendered":"<p>Nvidia Corp. shares entered correction territory on Monday, as an ongoing selloff erased a historic amount of value for the AI-focused chipmaker. <\/p>\n<p>The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since April. The three-day drop erased about $430 billion from Nvidia\u2019s market capitalization, the biggest three-day value loss for any company in history, according to data compiled by Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia Corp. shares entered correction territory on Monday, as an ongoing selloff erased a historic amount of value for the AI-focused chipmaker. The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since April. The three-day drop erased about $430 billion from Nvidia\u2019s market capitalization, the biggest three-day value loss for any company in history, according to data compiled by Bloomberg.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-825594","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=825594"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825594\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=825594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=825594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=825594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}