Nvidia loses more than $280B as recession fears grip US markets
The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. (Reuters Photo)
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.
