Nvidia loses $1.08 trillion in 8 sessions, more than Brazil's B3 is worth

Nvidia lost US$1.08 trillion in market value over eight trading sessions, exceeding the combined value of all companies listed on Brazil's B3 stock exchange, which totals US$888 billion. The chipmaker's market capitalization fell from US$5.149 trillion to US$4.068 trillion, a decline of approximately 21%. The loss is 1.22 times the B3's total value, surpassing it by US$193 billion, according to consultancy Elos Ayta. The drop follows an investigation involving CEO Jensen Huang. Bank of America noted the episode adds uncertainty over corporate governance and regulation, though no proven business damage has occurred, potentially allowing competitors like AMD and Broadcom to gain ground.