# A knee-jerk reaction or something more? Nvidia's market cap dropped by almost $330 billion in 24 hours as the AI giant reeled from Broadcom's poor guidance

> Nvidia's market cap tanked a mammoth 6% following weaker-than-expected guidance from rival chipmaker Broadcom The stock erased $330 billion in Nvidia market cap, effectively losing its $5 trillion market cap crown…

- **Source:** [TechRadar](https://www.techradar.com/pro/a-knee-jerk-reaction-or-something-more-nvidias-market-cap-dropped-by-almost-usd330-billion-in-24-hours-as-the-ai-giant-reeled-from-broadcoms-poor-guidance?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a2a02d498950b7972284ccb)
- **Published:** 2026-06-11
- **Category:** AI & Bots
- **Tags:** #anthropic #nvidia #openai #spacex #market #broadcom #billion #earnings
- **Canonical:** http://localhost:4321/a/6a2a02d498950b7972284ccb

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