NVIDIA sees highest m-cap decline of $279 bn as stock falls 10%
The chipmaker created the record of the largest single-day m-cap decline for any company in history, which is bigger than the market value of 474 listed entities on the S&P 500.
The chipmaker created the record of the largest single-day m-cap decline for any company in history, which is bigger than the market value of 474 listed entities on the S&P 500.
On Thursday, Nvidia stock ended 9.3% higher at $1,037.99, taking its m-cap to $2.55 trillion.
The global semiconductor shortage has adversely affected MG Motor‘s production levels and will continue till August, says Rajeev Chaba, the company's president and managing director.
India can restart its growth engine by focussing on information technology-related manufacturing. And for this India needs supportive policies, legal framework, and a robust infrastructure.
A techie at heart, Rai is steering Intel India on its journey from a PC-centric to a data-centric company to keep up with the new data-driven digital world.
Vishal Dhupar, managing director, NVIDIA-South Asia says that the AI ecosystem is evolving at a rapid pace globally as well as in India.