Nvidia experienced a significant drop as its share price plummeted over 8%, causing the company to slip below the $3 trillion market cap mark and lose over $200 billion in value. Despite this decline, Nvidia maintains its position as the second most valuable U.S. tech company, trailing only Apple and remaining ahead of Microsoft. The company’s latest quarter showed impressive revenue growth, mainly from its data center business. However, concerns about export controls, tariffs, AI efficiency, and slowing growth have affected its stock. Despite recent losses, Nvidia's value is still quintuple that of two years ago.