Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened

Benzinga · Jun 27 21:03

Last week,Nvidia Corp.(NASDAQ:NVDA) momentarily outpacedMicrosoft Corp.(NASDAQ:MSFT) to become the world's most valuable company. However, the top spot was short-lived and the chip-making behemoth has since seen a staggering loss of investor money.

Nvidia's valuation soared to a high of $3.34 trillion last week, only to plummet by over $500 billion when markets closed on Monday.

What Could Be The Driver: The reason could be the skittish investors, who are now left wondering if the chip-making giant — whose shares had been soaring due to its dominance in the AI market — has reached...

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Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened

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