{"id":851773,"date":"2024-09-04T10:10:24","date_gmt":"2024-09-04T04:40:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=851773"},"modified":"2024-09-04T10:10:24","modified_gmt":"2024-09-04T04:40:24","slug":"nvidia-drops-279-billion-in-market-capitalization-in-largest-single-day-loss","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/04\/nvidia-drops-279-billion-in-market-capitalization-in-largest-single-day-loss\/","title":{"rendered":"Nvidia drops $279 billion in market capitalization in largest single-day loss"},"content":{"rendered":"<p>Nvidia recorded a $279 billion loss in market value as investors softened their optimism about artificial intelligence (AI) amidst a widespread market downturn triggered by tepid economic data, reports Reuters. Shares of the AI chip maker plummeted 9.5% marking the largest single-day market value drop ever recorded for a US company. The latest jitters about AI come after Nvidia gave a quarterly forecast that failed to meet the lofty expectations of investors who have driven a dizzying rally in its stock, the report says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia recorded a $279 billion loss in market value as investors softened their optimism about artificial intelligence (AI) amidst a widespread market downturn triggered by tepid economic data, reports Reuters. Shares of the AI chip maker plummeted 9.5% marking the largest single-day market value drop ever recorded for a US company. The latest jitters about AI come after Nvidia gave a quarterly forecast that failed to meet the lofty expectations of investors who have driven a dizzying rally in its stock, the report says.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-851773","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851773","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=851773"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851773\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=851773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=851773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=851773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}