Nvidia Is Piling Up Some Very Bad News


The negative streak carries on for Nvidia  (NVDA) – Get NVIDIA Corporation Report

The semiconductor maker commences the second quarter as it ended the to start with: poorly.

And each and every 7 days appears to provide its share of lousy news. During the 7 days of April 4 to April 8, the enterprise recognized for its graphics chips for gaming and synthetic intelligence saw its sector capitalization slipping from $665.1 billion on April 1 to $576.1 billion on April 8. As you can see, the company noticed some $89 billion in current market benefit soften away in just one week. The inventory shed 13.45% around this time period to close on April 8 at $231.19.

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