MICROSOFT CORP surpassed NVIDIA CORP as the second-most valuable company on Tuesday afternoon, driven by a sharp drop in the chipmaker's shares. Nvidia's market valuation slid as investors weighed growing uncertainty over AI demand.
Microsoft Reclaims Second Place From Nvidia
Microsoft surpassed Nvidia to become the second most valuable company as Nvidia shares tumbled over six percent. The decline followed growing uncertainty surrounding artificial intelligence and reports of an ongoing foreign intelligence investigation.
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