Nvidia's Historic Market-Cap Drop

This is a Nvidia news story, published by Yahoo Finance, that relates primarily to JPMorgan Chase news.

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The Motley Fool

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Technology

Nvidia's 17% Plunge Exposed One of the Greatest Risks in the Stock Market

Summary

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77% Informative

On Jan. 27 , Nvidia (NASDAQ: NVDA ) fell 17% , erasing over $590 billion from its market cap.

It marked the greatest single-day market-cap destruction for a company in U.S. stock market history.

Despite massive drawdowns in Nvidia , Broadcom , Taiwan Semiconductor , and other chip stocks, Monday 's sell-off was fairly isolated.

Stock Advisor’s total average return is 903% — a market-crushing outperformance compared to 176% for the S&P 500.

The Motley Fool has positions in and recommends Alphabet , Amazon , Apple , Berkshire Hathaway, JPMorgan Chase , Meta Platforms , Microsoft , Nvidia , Taiwan Semiconductor Manufacturing , Tesla , and Walmart .