Nvidia lost its status as the world’s most valuable company after its shares fell over 6% in two days, shedding more than $200 billion in market value. This drop follows a year-long surge where Nvidia’s stock nearly tripled, making it vulnerable to corrections. Analysts cite no specific negative news but attribute the decline to standard market fluctuations and a broader market pullback. Russ Mould of AJ Bell and Bank of America analysts remain optimistic about Nvidia’s fundamentals, considering the volatility short-lived. Melius Research even raised their price target for Nvidia, underscoring its strong position in the AI and enterprise software markets. The decline coincided with a “triple-witching session,” where multiple options and futures contracts expired, adding to the market turbulence. Despite the setback, bullish sentiment persists among analysts regarding Nvidia’s future prospects.