Nvidia’s shares plummet, erasing $500 billion from value of AI chip firm – live updates from the business world

NVIDIA is a highly volatile stock that experiences extreme ups and downs, as shown in the chart. The stock split earlier this month did not reduce its volatility. Analysts have raised earnings forecasts, but the stock is considered a little expensive with a high P/E ratio. Despite strong earnings, the stock may be overvalued, which … Read more