The numbers behind the end of AI kingpin Nvidia’s brief reign as the world’s biggest company are staggering.
The US chip manufacturer has had more than $550bn (£433bn) wiped from its value since the sellers got to work and blew the top off its Thursday peak. That’s a more than half-trillion-dollar dive, and the biggest three-day value loss for any company in history.
To put that in context, Britain’s top three most valuable companies – drugs giant AstraZeneca, oil major Shell and international banking group HSBC – are worth a combined £500bn ($633bn), just a little bit more than has been shaved from Nvidia’s market value over a couple of days.