Markets slide as Nvidia shares plunge almost 10%

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Markets slide as Nvidia shares plunge almost 10%

Financial markets in Asia and the US have tumbled on fears that the world’s largest economy could be headed to a recession.

Shares in ********* chip giant Nvidia slumped by almost 10% as concerns over the economy dampened optimism about the ***** in artificial intelligence (AI).

On Wednesday morning, major ****** indexes dropped after major stock indexes in New York fell sharply.

Investors turned more cautious as new data showed US manufacturing activity ******** subdued, with the focus now on key jobs figures due on Friday.

In New York on Tuesday, the S&P 500 index closed more than 2% lower, while the technology-heavy Nasdaq fell by over 3%.

On Wednesday, Japan’s Nikkei 225 was down around 3%, South Korea’s Kospi was trading 2% lower and the Hang Seng in Hong Kong dropped by 1.5%.

Major ****** technology firms including Samsung Electronics, SK Hynix and Tokyo Electron were sharply lower.

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#Markets #slide #Nvidia #shares #plunge

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