The company Nvidia lost about 600 billion dollars in market value in one day.
This followed the drop in Nvidia's stock by 10 percent during trading on Thursday. This loss became the largest in the company's history.
The decline is related to the decision of regulatory agencies to delay the deal to merge with Arm Holdings, which Nvidia planned to acquire for 40 billion dollars.
Nvidia executives expressed disappointment with this delay, but emphasized that they are confident in the strength of the business and the company's ability to overcome emerging obstacles.
"The deal with Arm is a key point of our growth, and we remain confident in the positive outcome of this event," said Nvidia's CEO Jensen Huang. "Our business is strategically stronger than ever, and we will continue our mission to create outstanding products in important markets."
Experts believe that the deal is crucial for Nvidia to enter the market for smartphone processors and other IoT devices and will help expand its portfolio, including graphics accelerators.
Nevertheless, in light of the delayed deal, investors continue to closely monitor developments surrounding Nvidia and the consequences of this decision.
