On July 17th local time, as the US stock market closed, the global artificial intelligence chip manufacturer Nvidia's stock price fell 6.62% to $117.99 per share, with its market value evaporating by $205.9 billion (equivalent to RMB 1.5 trillion) overnight, and its market value falling below the $3 trillion mark.
In addition to the decline in the stock price of artificial intelligence chip giant NVIDIA, major technology stocks in the US stock market also fell on the same day. Among them, Apple's stock price fell by 2.53%, Microsoft fell by 1.33%, Amazon fell by 2.64%, Meta fell by 5.68%, and Tesla fell by 3.14%.