Nvidia’s Record $279 Billion Drop Sparks Global Semiconductor Selloff Amid Antitrust Fears

Benzinga
Benzinga
  • 3 weeks ago
Global semiconductor and related stocks dropped sharply on Wednesday following a steep decline in Nvidia's share price in the US. Nvidia's stock dropped over 9% in regular trading due to economic concerns, followed by an additional 2% decline in post-market trading after reports of a Department of Justice antitrust subpoena. The chip giant lost about $279 billion in market value, marking the largest single-day loss in U.S. history. Nvidia’s supply chain companies also took a hit.

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