Nvidia Is Piling Up Some Very Bad News


The bad streak continues for Nvidia  (NVDA) – Get NVIDIA Corporation Report

The semiconductor manufacturer starts the second quarter as it ended the first: badly.

And each week seems to bring its share of bad news. During the week of April 4 to April 8, the company known for its graphics chips for gaming and artificial intelligence saw its market capitalization falling from $665.1 billion on April 1 to $576.1 billion on April 8. As you can see, the company saw some $89 billion in market value melt away in one week. The stock lost 13.45% over this period to end on April 8 at $231.19.

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