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Shares of Nvidia, the tech giant known for its graphic processing units, saw a sharp decline amid growing concerns of a recession in U.S. markets. The company, which had previously reached historic highs, experienced a drop of over 9.5% in its stock price today.
This significant downturn resulted in a loss of more than $280 billion in Nvidia’s market value, underscoring the market's anxiety over potential economic slowdowns.
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