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Nvidia share price plunge has one major explanation
Just one week ago, Nvidia became the world’s most valuable company. The chipmaker – whose shares had risen nine-fold since the end of 2022 – overtook Microsoft as its stock market valuation reached $3.34trn (£2.63bn). Since then, the shares have fallen by 13%, declining in each of the last three trading sessions. That has been enough to clip more than $500bn (£394bn) from Nvidia’s stock market valuation reached when, last Thursday, the shares hit an all-time intra-day high of $140.76 (£110.94) each (taking into account the 10-for-one share split completed earlier this month). Post Office Horizon IT Inquiry – watch live To put that into context, Exxon Mobil – the 14th biggest company in the

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