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Nvidia Shares Fall Amid CEO Probe as Microsoft Overtakes Chipmaker in Market Value

By ChordNews · First written (new coverage )

Microsoft Is World's Most Valuable Company After Nvidia CEO Probe Sparks Rout
Image: ndtv.com
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Summary

Microsoft overtook Nvidia in market value on Tuesday as Nvidia's shares fell sharply amid a probe involving the chipmaker's CEO, Jensen Huang. Hindustan Times reported that Nvidia lost more than 6%, last trading at around $167.11, while Microsoft was down 0.4% at $543.25. The reports differ on Microsoft's exact ranking: two NDTV reports say it is the world's most valuable company in one case and the world's second-most valuable firm in the other, while Hindustan Times describes it as the world's second-most valuable company.

This continues an earlier story: Nvidia probes whether CEO Jensen Huang was a foreign spying target after he admits an affair

Timeline

  1. NDTV

    Source ↗

    NDTV reports that Microsoft is now the world's most valuable company after a probe involving Nvidia's CEO sparked a rout in Nvidia's shares, which fell on Tuesday.

  2. NDTV

    Source ↗

    NDTV reports that Nvidia slipped amid the CEO probe and that Microsoft overtook it to become the world's second-most valuable firm.

  3. Hindustan Times

    Source ↗

    Hindustan Times reports that Microsoft overtook Nvidia as the world's second-most valuable company amid the probe involving Jensen Huang, with Microsoft down 0.4% at $543.25 and Nvidia down more than 6% at around $167.11.

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