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Nvidia slides 13% in three days after briefly becoming most valuable company

Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. 

Ann Wang | Reuters

Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak.

Monday’s slide was the chipmaker’s second steepest drop of the year, as the stock fell 6.7% to $118.11. Nvidia’s decline brought with it a slide in chipmakers and other…


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