Big news!!!
Big bad news!!!
Big crash!!!
Today I bring you big news, the kind that makes people's eyes pop! Nvidia, the giant that calls the shots in the AI chip industry, has also fallen!
[Antitrust subpoena hits, Nvidia's market value evaporates overnight]
Imagine, what does it mean that the market value evaporates by $280 billion in an instant? That can almost create another world-class technology company! However, this really happened to Nvidia. An antitrust subpoena from the U.S. Department of Justice directly caused Nvidia's stock price to plummet by 9.5%, and the market value evaporated by more than $278 billion in a single day, setting a new record for the evaporation of market value in the U.S. stock market in a single day!
[The Department of Justice is worried: Nvidia may "punish" non-exclusive buyers]
It turns out that the bigwigs of the Department of Justice are worried that Nvidia will use its market position to make things difficult for buyers who do not "exclusively" use its chips. Now, as soon as the news came out, investors fled, fearing that they would be affected by this antitrust storm. Although Nvidia quickly denied it, the market reaction was irreversible.
[Falling from the clouds, is Nvidia's "dominant" position still okay? ]
You know, Nvidia is the leader in the global AI chip market, with a market value that was once 30 times that of Intel and 12 times that of AMD. This heavy blow has undoubtedly cast a shadow on its dominant position. However, Nvidia is not a fuel-saving lamp, and said that it will speak with strength and continue to provide customers with the best solutions. Let's see how it turns danger into safety!
[Bitcoin plummets, and the digital currency market is also panicking? ]
Let's talk about Bitcoin. This storm seems to have affected the digital currency market. Bitcoin once fell below the $57,000 mark, falling to a low of $55,670. Although it rebounded later, market sentiment is still bearish. More than $100 million in long and short positions were liquidated, which is really thrilling!
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