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