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In mid-June, chipmaking darling Nvidia was at its peak, trading at record-highs and briefly surpassing Apple and Microsoft to become the world’s most valuable public company. Since then, Nvidia’s market value has tumbled $900 billion.
Earlier this week, Nvidia’s stock fell after a report that shipments of its highly-anticipated Blackwell AI platform are delayed due to design flaws.
Read about it and more in the AI news roundup.