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Strong Performance Fails to Offset AI Anxiety: Nvidia's Market Value Plummets by $1 Trillion, U.S. Tech Stocks Decline Collectively
2 day ago /
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Author：小编
On November 21, the Financial Times reported that on Thursday local time, the U.S. stock market experienced significant volatility, with a broad decline in tech stocks. Despite Nvidia's release of strong financial results, heightened concerns over the high valuations of AI companies led to a dissipation of optimism. The Nasdaq Composite Index rose over 2% in early trading but closed down 2.2%, while the S&P 500 Index fell 1.6%. Nvidia's stock price surged over 5% in early trading but ultimately closed down more than 3%, resulting in a substantial decrease in its market value.
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