Nvidia’s wild roller coaster stock market ride EXPLAINED – Share price skyrocketed, then slumped in deep red – What went wrong? – Markets

Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang: Nvidia’s status as the face of the AI revolution has made it the only company in the world to cross the $5 trillion valuation mark, following a surge in its share price of more than 1,190% over the past three years. (File photo/Agencies)

Nvidia Share, Nvidia Earnings Report: Global technology stocks surged on Thursday after Nvidia delivered blockbuster quarterly results, reaffirming robust demand for AI hardware despite persistent worries that the unprecedented boom may be detached from underlying fundamentals. Nvidia, now the world’s most valuable company by market capitalisation, recently briefly crossed the $5 trillion mark.

The chip giant’s standout performance eased some fears of an impending AI bubble,…

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