Nvidia market value drops $US1.5t in a month, ASX slips | Finance Report | ABC NEWS
Shares of Nvidia tumbled after the AI chipmaker ousted its co-founder and CEO Jensen Huang on revelations he had an extramarital affair with a third woman.
The ASX 200 recorded a moderate loss, while the Australian dollar fell to a 10-month low, below 68 US cents.
Spot gold plunged below $US3,900 an ounce, its lowest level in more than a year. It comes as the US dollar hit a 19-month high on rising bets the Federal Reserve will lift interest rates up to three times in the year ahead.
Presented by David Chau.
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