[Sticky] Microsoft Reclaims Top Spot from Nvidia in Market Value Race
Topic starter
21/06/2024 3:48 am
Hey folks, guess what? Microsoft just bounced back to become the world’s most valuable company, overtaking Nvidia! Nvidia’s stock took a 3.4% dip on Thursday, so Microsoft’s now back on top. This happened right after Nvidia had its first taste of the top spot earlier this week. Crazy how fast things change, right?
Despite this, both companies are still worth over $3 trillion, with Apple not far behind. Nvidia’s drop is surprising since they just announced a collaboration with Elon Musk's xAI to build a supercomputer using their H100 GPUs. Even with this exciting news, the market’s been rough for everyone. Let’s see how things shake out in the coming week
s!
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