Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened

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Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened - Benzinga

Quick Summary:

When Huang was asked about how Nvidia is addressing the tight market for semiconductor manufacturing capacity, he stated that the company "has the expertise and scale to develop a resilient supply chain".

And, to add to that the CEO Jensen Huang at the company’s annual shareholder meeting on Wednesday did little to assuage investor concerns about Nvidia’s capacity to stave off competitors and retain its leading position.

Last week, Nvidia Corp.(NASDAQ:NVDA) momentarily outpaced Microsoft Corp.(NASDAQ:MSFT) to become the world’s most valuable company.