Nvidia stock down, set to shed $65 million in market cap

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Nvidia stock down, set to shed $65 million in market cap

) shares are trading lower in Monday’s premarket, set to extend losses for a third straight session after already erasing more than $220 billion in market capitalization.

Nvidia ended last week with a market valuation of around $3.1 trillion, lower than Apple’s $3.2 trillion and Microsoft’s $3.3 trillion. The AI chipmaker briefly overtook Microsoft last week to become the most valuable company in the world, though it couldn’t hold onto the top position for long.

 

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