Nvidia's market value evaporates by 1.27 trillion yuan.

On the 30th local time, concerns in the market about the return on investment in artificial intelligence infrastructure continued to heat up, and U.S. chip stocks came under broad pressure. Intel's stock price fell more than 30% at one point during intraday trading, mainly affected by its latest business guidance falling short of expectations. The company said that due to factors such as weak demand in the personal computer market, limited production capacity in manufacturing, and increased spending required to expand production, it expects it will be difficult to achieve positive free cash flow next year. Intel also said that increased demand for memory chips from artificial intelligence data centers has pushed up personal computer prices, and it expects personal computer shipments to decline by about 12% this year and by another about 10% in 2027. In addition, an accident at its Israeli factory is expected to reduce fourth-quarter revenue by about $300 million. On the same day, Nvidia's stock price fell more than 3.7% at one point during intraday trading, with more than $191 billion in market value wiped out, and its total market value fell below $5 trillion.