{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/66d9b9430ef29103a18658eb?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"What led to Nvidia's historic market plunge","description":"<p>Nvidia's stock experienced a historic decline on September 3, 2024, resulting in a loss of $279 billion in market value, the largest one-day loss in U.S. history. The stock dropped over 9% during regular trading and an additional 2% in post-market hours, linked to a subpoena from the Department of Justice for an antitrust investigation. CEO Jensen Huang lost $10 billion in personal wealth due to this decline. Although Nvidia's shares saw a slight recovery of about 1% the following day, the company still holds approximately 80% of the AI chip market. Despite the setback, Nvidia reported a year-to-date increase of 118%.</p><p>Learn more on this news visit us at: https://greyjournal.net/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}