Nvidia's stock price volatility exceeds Bitcoin's

Driven by the AI boom, the volatility of NVIDIA (NVDA.O), one of the hottest US stocks, has even surpassed that of Bitcoin. Boosted by industry companies' investment in purchasing NVIDIA chips, the company's stock price has soared all the way up until Tuesday, when it fell by 7%, marking its biggest drop in over three months and causing a decrease in market value of $193 billion. NVIDIA's stock price has fallen by 23% since July 10th, highlighting a risk that was not noticed when the stock price was rising: at least according to a key indicator, its volatility is roughly twice that of Bitcoin's. Despite the fall in stock price this month, NVIDIA has still risen by about 109% this year, surpassing any other stock in the SP 500 index, except for another company benefiting from AI application device investment, Super Micro Computer Inc.