{"id":852021,"date":"2024-09-05T09:08:13","date_gmt":"2024-09-05T03:38:13","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852021"},"modified":"2024-09-05T09:09:06","modified_gmt":"2024-09-05T03:39:06","slug":"nvidia-suffers-279-billion-loss-in-one-day-due-to-these-factors-explained","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/05\/nvidia-suffers-279-billion-loss-in-one-day-due-to-these-factors-explained\/","title":{"rendered":"Nvidia suffers $279 billion loss in one day due to these factors: Explained"},"content":{"rendered":"<p>World\u2019s leading artificial intelligence (AI) chipmaker Nvidia on Tuesday suffered a record loss of $279 billion or 9.5 per cent of market capitalisation, leading the broader US market selloff triggered by disappointing economic data. <\/p>\n<p>This setback followed last week\u2019s announcement that Nvidia&#8217;s third-quarterly revenue is expected to be around $32.5 billion. While this forecast was above the average analysts\u2019 estimate of $31.9 billion, it fell short of meeting the lofty expectations (up to $37.9 billion) that had driven the stock&#8217;s unprecedented rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World\u2019s leading artificial intelligence (AI) chipmaker Nvidia on Tuesday suffered a record loss of $279 billion or 9.5 per cent of market capitalisation, leading the broader US market selloff triggered by disappointing economic data. This setback followed last week\u2019s announcement that Nvidia&#8217;s third-quarterly revenue is expected to be around $32.5 billion. While this forecast was above the average analysts\u2019 estimate of $31.9 billion, it fell short of meeting the lofty expectations (up to $37.9 billion) that had driven the stock&#8217;s unprecedented rally.<\/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-852021","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\/852021","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=852021"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852021\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}