[BIG TECH]■ STORY TIMELINE

NVIDIA SHEDS $1T IN VALUE AS STOCK HITS 5-YEAR LOW

Nvidia has lost approximately $1 trillion in market capitalization over the past two months, declining 16% from its May peak. The chipmaker now trades at 18x forward earnings, its lowest valuation since 2019.

3 SOURCESFIRST SEEN JUL 8, 02:10 PM► READ THE ARTICLE

Techmeme+0m

Nvidia lost $1T in market value over the past two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 (Bloomberg)

Bloomberg: Nvidia lost $1T in market value over the past two months, dropping 16% from its May all-time-high, trading at…

Techmeme+6d

AI startup Reflection says it has signed a $1B+ deal to secure computing capacity from Nebius, including access to Nvidia chips, following a deal with SpaceX (Aditya Soni/Reuters)

Aditya Soni / Reuters: AI startup Reflection says it has signed a $1B+ deal to secure computing capacity from Nebius, in…

Techmeme+6d 19h

Nokia plans to sell its AI-driven RAN platform, developed with Nvidia, to mobile operators by 2027, aiming for a 100% increase in spectrum efficiency by 2028 (Paula Doenecke/Bloomberg)

Paula Doenecke / Bloomberg: Nokia plans to sell its AI-driven RAN platform, developed with Nvidia, to mobile operators b…

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