Market-Cap Disaster: Nvidia’s Stock Plunge Sets Record for ‘Magnificent Seven’ Losses
This week witnessed a dramatic downturn in the market values of the top-tier tech companies, known as the “Magnificent Seven,” collectively shedding a staggering $950 billion. Among them, Nvidia bore the brunt, losing almost $300 billion, a figure exceeding the entire market worth of its rival, Advanced Micro Devices Inc....
