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Chip-wreck: Nvidia sheds $600bn on Huang exit
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Chip-wreck: Nvidia sheds $600bn on Huang exit
Nvidia shares plunged 16 per cent as Wall Street opened on Thursday, wiping nearly $600bn (£460bn) off the chip giant’s market value following the shock resignation of chief executive Jensen Huang. The sell-off spread across the wider tech sector, with AI cloud computing firm Coreweave falling six per cent, while the tech-heavy Nasdaq and S&P [...]
12 Nov, 15:08
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