Microsoft back as most valuable firm as Nvidia slips

Jensen Huang, chief executive of Nvidia, threw a ceremonial pitch prior to an Oakland Athletics baseball game in May Nvidia has handed back the position as the world’s most valuable company to Microsoft after its share price fell by more than 3.5% on Thursday. The artificial intelligence (AI) chip giant briefly held the top spot from Tuesday, with a stock market valuation of $3.34tn (£2.64tn). But Nvidia's shares fell to $130.78 on Thursday, sending its value down to around $3.22tn, with Microsoft reclaiming the title as it held steady at more than $3.3tn. Nvidia's rise has...

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