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2026-10-31 00:16:27
[Nvidia's Market Value Evaporates by 1.27 Trillion Yuan] On the 30th local time, concerns about the return on investment in artificial intelligence infrastructure continued to rise, putting pressure on US chip stocks. Intel's stock price once fell by more than 30% during trading, mainly due to its latest earnings guidance falling short of expectations. The company stated that due to factors such as weak demand in the personal computer market, limited capacity in the manufacturing process, and increased expenditures required to expand production, it expects to be unable to achieve positive free cash flow next year. Intel also stated that increased demand for memory chips from artificial intelligence data centers has driven up personal computer prices, and it expects personal computer shipments to decline by about 12% this year and by about 10% in 2027. In addition, an accident at its Israeli factory is expected to reduce fourth-quarter revenue by about $300 million. On the same day, Nvidia's stock price once fell by more than 3.7% during trading, wiping out more than $191 billion (approximately 1.27 trillion yuan) in market value, bringing its total market value below $5 trillion. (CCTV Finance)
