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Nvidia loses nearly US$500 billion in market value in a week

Nvidia loses nearly US$500 billion in market value in a week
Nvidia loses nearly US$500 billion in market value in a week / Photo: KAP DEPO.

Tashkent, Uzbekistan (UzDaily.uz) — Nvidia shares fell 4.34% over the week, reducing the chipmaker’s market capitalisation by approximately US$490 billion, Yahoo Finance reported.

The shares closed at US$166.19 on Thursday. Nvidia’s market value declined from US$4.498 trillion to US$4.005 trillion over the week.

Compared with its October peak of US$5.75 trillion, the company has lost around US$1.75 trillion in market value. The decline reflects not only developments surrounding Nvidia’s leadership but also a reassessment of the artificial intelligence sector’s growth prospects.

As a result, Nvidia lost its position as the world’s most valuable publicly listed company to Apple.

Other technology stocks posted mixed results during the week. AMD shares rose by around 5%, while Broadcom gained 5.54%.

By contrast, CoreWeave shares fell by approximately 6%, Nebius declined 16%, TSMC lost nearly 2%, and Intel dropped around 2%.

ASML, Micron, SK Hynix and Sandisk also recorded declines.

Corporate governance at Nvidia remains a key source of uncertainty for investors. At the same time, the company’s manufacturing partners, technological base and customer infrastructure remain in place.

The main question for the market is whether Nvidia can sustain its previous growth rate and maintain its leadership without Jensen Huang, who has shaped the company’s development for more than 30 years.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.