Nvidia plunges almost 10% as global markets fall

By 2024-09-04Science & Tech

UK shares dropped on Wednesday morning following falls in Asian and US markets as concerns grow about the world’s largest economy.

Data showed US manufacturing activity remains subdued, with investors now focussed now on US jobs figures due on Friday.

American chip giant Nvidia was hit particularly hard, slumping by almost 10% as optimism about the boom in artificial intelligence (AI) dampened.

Despite the sharp fall ... Read even more

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