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Nvidia sheds $200bn in value

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Bloomberg / Updated: Jun 22, 2024, 04:42 IST

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Nvidia sheds $200bn in value

Nvidia

‘s run as the world’s biggest company didn’t last long. Shares of the chip giant have tumbled on back-to-back days, dropping more than 7%, after rallying earlier in the week and pushing its valuation to $3.3 trillion, just above

Microsoft

and

Apple

. Nvidia, of course, could reclaim the top spot soon enough after shedding more than $200 billion in market value in two days.

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