{"id":825855,"date":"2024-06-25T10:42:48","date_gmt":"2024-06-25T05:12:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=825855"},"modified":"2024-06-25T11:00:49","modified_gmt":"2024-06-25T05:30:49","slug":"nvidia-correction-erases-400-billion-in-market-cap","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/25\/nvidia-correction-erases-400-billion-in-market-cap\/","title":{"rendered":"Nvidia correction erases $400 billion in market cap"},"content":{"rendered":"<p>Nvidia Corp. shares fell on Monday, with the AI-focused chipmaker entering correction territory as it extends a sharp recent selloff.<\/p>\n<p>The stock fell 4.8% and is on track for its third straight negative session. It has dropped 12% over the three-day slide, putting it past the 10% threshold that represents a correction. The drop weighed on chipmakers with the Philadelphia Stock Exchange Semiconductor Index falling as much as 2.2% on Monday. Broadcom Inc., Taiwan Semiconductor Manufacturing Co. and Qualcomm Inc. were all lower by at least 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia Corp. shares fell on Monday, with the AI-focused chipmaker entering correction territory as it extends a sharp recent selloff. The stock fell 4.8% and is on track for its third straight negative session. It has dropped 12% over the three-day slide, putting it past the 10% threshold that represents a correction. The drop weighed on chipmakers with the Philadelphia Stock Exchange Semiconductor Index falling as much as 2.2% on Monday. Broadcom Inc., Taiwan Semiconductor Manufacturing Co. and Qualcomm Inc. were all lower by at least 2%.<\/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":[4],"tags":[],"class_list":["post-825855","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825855","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=825855"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825855\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=825855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=825855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=825855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}