April 10, 2023 | 10:00 AM ET
Major Market Volatility
NEW YORK, NY — NVIDIA's stock price plummeted by 99 percent on Wednesday following the collapse of its artificial intelligence (AI) division, triggering significant market disruption and widespread investor panic.
Market Impact:
- Stocks traded at a 52-week low
- Trading halted for two hours
- Over-the-counter (OTC) markets showed extreme volatility
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