The last two years have been an incredible rollercoaster for Nvidia investors. However, they’ve been on more of a roller coaster lately.
Nvidia, the main benefactor of the artificial intelligence boom, has witnessed a roughly nine-fold increase in its market capitalisation since the end of 2022.
But Nvidia lost over 30% of its value over the following seven weeks, losing around $800 billion in market capitalisation, after setting a record in June and momentarily overtaking all other publicly traded companies as the most valuable in the world. The stock has now rallied to within roughly 7% of its all-time high.
Source (CNBC)
