Microsoft's market value moved ahead of NVIDIA's on Nov. 11, a day after a crossover during U.S. trading that EconoTimes previously covered.
On Nov. 10, Microsoft traded at $543.25 per share after a 0.4% decline; NVIDIA shares fell more than 6% to about $167.11, Reuters reported. Reuters cited uncertainty about the artificial intelligence outlook and a board inquiry into recent reporting about CEO Jensen Huang as factors behind the decline.
The NVIDIA Board of Directors said Nov. 8 that it had opened an independent inquiry into the reporting. Independent directors are leading the review with outside counsel assisting, and Huang said he would cooperate, the board said. It gave no date for an update.
EconoTimes covered the Nov. 10 crossover during U.S. trading, citing Reuters' report. Reuters gave neither company's market-cap total nor the exact crossover time, so its account does not show the size or duration of that lead.
