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The Guardian

Nvidia shares slump amid reports US is ramping up antitrust investigation

The Guardian by wa-news on The Guardian 5 views

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Fall overnight comes after it shrinks by $279bn on Tuesday in biggest ever one-day drop in value by US companyBusiness live – latest newsShares in the AI chip designer Nvidia have continued to slide overnight after a report said US authorities were ramping up an investigation into whether the company had breached competition laws.The company’s shares fell 2.4% in after-hours trading, exacerbating a near 10% drop in the regular trading session that slashed its value by $279bn (£212bn) to $2.6tn, marking the largest one-day drop in history for a US company. Continue reading…

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Source link : https://www.theguardian.com/technology/article/2024/sep/04/nvidia-shares-slump-amid-reports-us-is-ramping-up-antitrust-investigation

Author : Kalyeena Makortoff

Publish date : 2024-09-04 09:46:38

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Tags : The Guardian

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