NVDL Collapsed 12% in a Single Day as Nvidia Lost $279 Billion, Exposing How Leverage Compounds on Defective Tapes
Quick reading NVDL plunged 12% in one session as NVDA wiped out $279 billion in market capitalization, marking the chip sector’s biggest single-day dollar loss this year. Broadcom’s third-quarter AI forecasts missed by more than $1 billion and CEO Hock Tan signaled that Google could use multiple chip suppliers, raising fears of customer concentration at…