Microsoft-Nvidia Market Shift: Tech Giant Microsoft Climbs Global Rankings as Nvidia Faces Investor Pressure Over CEO Probe
India, Nov. 11 -- Microsoft has overtaken Nvidia to become the world's second-most valuable company by market capitalisation, marking a major shake-up in the global technology sector. The move comes as Nvidia has faced intense scrutiny from investors following reports about CEO Jensen Huang and an internal company probe. The battle has sent Nvidia's stock price tumbling, erasing billions of dollars in market value and helping Microsoft regain the No. 2 spot among the world's most valuable publicly traded companies.
Why Has Microsoft Overtaken Nvidia in Market Value?
Microsoft moved ahead of Nvidia after the AI chip giant's shares extended their losses for a second consecutive trading session. Nvidia stock fell more than 6% on Tuesday af...
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