Nvidia (NVDA), once a leader in chip stocks and tech rallies, has been hit by another sell-off on Tuesday, erasing $278 billion in market cap. Tuesday's sell-off was the worst single-day decline for a US company ever. The sell-off is continuing Wednesday morning as the tech sector (XLK) leads losses in the morning.

Read more about Nvidia's plunge here.

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This post was written by Nicholas Jacobino