Nvidia shares dive, rattling tech stocks
The chipmaker's immense size gives it outsized influence over market-cap weighted indexes like the S&P 500.
TL;DR
- Nvidia's stock is down significantly in early trading.
- CEO Jensen Huang has resigned, contributing to the sell-off.
- Nvidia's large market capitalization gives it significant influence on major stock indexes.
- The company has lost roughly $2 trillion in market value since early October.
- The market is watching how other AI ecosystem companies will be affected.