Nvidia suffers record $279 billion rout as AI worry sinks stocks

US stocks experienced a significant selloff, led by chipmakers like Nvidia, following analyst warnings about the AI hype. Nvidia Corp experienced a significant setback as its shares plummeted by 9.5%. This steep decline resulted in a staggering loss of $278.9 billion, marking the largest single-day value erosion for any stock in the United States.

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