Nvidia sees over $500bn wiped off value after shares slide—the biggest three-day value loss for any company in history

Jensen Huang CEO of NVIDIA stands on the mound waiting to throw out the ceremonial first pitch prior to the start of the game between the Houston Astros and Oakland Athletics on May 25, 2024 at the Oakland Coliseum in Oakland, California. (Credit: Thearon W. Henderson—Getty Images)

Nvidia’s Jensen Huang is beginning to learn the meaning of the expression “the higher they rise, the harder the fall”. 

After briefly eclipsing Microsoft and Apple in value last week—and indeed entire European stock markets—the company behind the AI chip boom has experienced the single fastest drawdown in history.