Nvidia has lost its spot as the world’s most valuable company to Microsoft, after a 3.4% drop in its shares led by Jensen Huang. Nvidia’s market capitalization dropped by $91 billion to $3.34 trillion, while Microsoft’s rose to $3.30 trillion. The rivalry between Nvidia, Microsoft and Apple for the top spot continues, with Apple’s market capitalization at $3.22 trillion. Meanwhile, Dell Technologies and Super Micro Computer saw their shares drop following Elon Musk’s announcement that they will supply the server racks for his startup’s supercomputer, xAI. These companies produce servers with Nvidia chips to meet the growing demand for processors in artificial intelligence applications.
Article Source
https://english.jagran.com/lite/business/microsoft-becomes-worlds-most-valuable-company-again-surpasses-nvidia-10168540
