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Nvidia Value Swings $1 Trillion in Just Two Days Amid AI Fervour
Nvidia’s market valuation surged and collapsed by $1 trillion in days, raising bubble fears despite its solid earnings.
Nvidia’s market cap swung a jaw-dropping $1 trillion in just 54 hours, after its blowout earnings were followed by a rapid profit-taking sell-off. The chipmaker initially gained around $450 billion as AI demand fueled investor optimism, but then slumped, shedding $600 billion as sentiment cooled.
The gyrations have reignited concerns of an AI valuation bubble, even as Nvidia’s fundamentals remain strong.