Nvidia's Market Cap Fluctuations and Comparisons with Apple and Microsoft

Nvidia became the world's most valuable company on June 18th with a market capitalization of $3.34 trillion (about 24.36 trillion Chinese yuan at present). However, less than a week later, the company's market cap dropped below $3 trillion.

As of TapTechNews' reporting, Nvidia's decline has widened to about 5%, and its share price has fallen to $120.09, with a market cap of $2.95 trillion (about 21.51 billion Chinese yuan at present), a decrease of $390 billion from the peak of $3.34 trillion.

Before this, Nvidia has experienced two days of decline.

Compared to the market cap peak of $3.34 trillion on June 18th local time, after two days of decline on June 20th and June 21st, Nvidia's market cap has evaporated by about $220 billion (about 1.6 trillion Chinese yuan), with a share price of $126.57 per share and a market cap of $3.11 trillion (TapTechNews note: about 22.68 trillion Chinese yuan at present). After the opening today, it has experienced another round of decline.

At the same time, the stocks of Apple and Microsoft have shown relatively stable performance today, with share prices of $210.89 and $450.20 respectively, and market caps of $3.23 trillion and $3.35 trillion respectively.