NVIDIA STOCKS DROP 99 PERCENT AFTER AI COLLAPSE

NVIDIA's stock dropped 99 percent on Tuesday, hitting a low of $13.80 per share, following the collapse of its artificial intelligence (AI) division.
The company reported disappointing results for Q3 2023, with revenue falling short of expectations and a 46% decline in its AI segment compared to the previous year. This led to a significant impact on its financial performance and market confidence.
Analysts are criticizing NVIDIA for its poor strategic decisions and inability to adapt quickly to the evolving AI landscape. Many investors are questioning the company's long-term viability in the competitive tech industry.

In a dramatic move, NVIDIA has announced plans to cut its AI operations entirely, citing operational challenges and a need to focus on other areas of the business. This decision comes after months of criticism from both investors and the public.