Nvidia lost $1T in market value over the past two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 (Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-07-08/nvidia-s-1-trillion-slide-sends-valuation-to-pre-ai-boom-levels"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260708/i27.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260708/p27#a260708p27" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-08/nvidia-s-1-trillion-slide-sends-valuation-to-pre-ai-boom-levels">Nvidia lost $1T in market value over the past two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019</a></b></span>&nbsp; &mdash;&nbsp; After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.'s stock is the cheapest it's been since &hellip; </p>