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Microsoft tops Nvidia’s market cap for first time since June 2025

By Thomson Reuters Nov 10, 2026 | 11:05 AM

(Corrects first paragraph to say Nvidia was the ​second most ‌valuable company. Also corrects syntax in headline)

Nov 10 (Reuters) – Microsoft ‌overtook ​Nvidia ⁠as the world’s ⁠second-most valuable company on Tuesday, as the chip giant’s ​shares fell on uncertainty ⁠over the ⁠outlook for ​AI and an ​investigation into whether Nvidia ‌CEO Jensen Huang was the target of a ⁠foreign intelligence effort.

Shares of Microsoft were down ⁠0.4% ‌at $543.25, while ⁠Nvidia lost more ​than ‌6% and ​was last ⁠at around $167.11.

(Reporting by Johann M Cherian in Bengaluru; Editing by Pooja ​Desai)