Microsoft briefly overtakes Nvidia as second‑largest firm before stock slips
Microsoft reclaimed the world’s No. 2 market‑cap spot from Nvidia on Tuesday, only to see its shares fall more than 3% by midday, erasing roughly $130 billion in value.
COINMAG stories about Jensen Huang, newest first, with key facts and answers to common questions.
Microsoft reclaimed the world’s No. 2 market‑cap spot from Nvidia on Tuesday, only to see its shares fall more than 3% by midday, erasing roughly $130 billion in value.
Nvidia’s stock fell over 6% after Jensen Huang disclosed a romance with Alice Huang, whose firm Megaspeed is accused of routing restricted GPUs to Southeast Asia for Chinese firms.
Bank of America cut Nvidia, Micron and Lam Research from its US 1 list of top picks, citing no explanation, as Nvidia faces scrutiny over CEO Jensen Huang’s alleged affair.
Nvidia’s stock fell as much as 8% after allegations tied CEO Jensen Huang to a Chinese intelligence operative, sparking concerns over succession and broader market impact.
Bitcoin slipped below $74,000 after news of Nvidia CEO Jensen Huang’s affair and alleged espionage links, prompting over $297 million in long position liquidations.
Nvidia’s board opened an investigation into CEO Jensen Huang after allegations of a relationship with a Chinese spy, sending the stock down 4% and wiping billions from US equity futures.
A blockchain‑analytics firm traced a 10× leveraged short of roughly 30,000 Nvidia contracts on Hyperliquid, timed after CEO Jensen Huang’s personal scandal and espionage allegations.
U.S. lawmakers have asked Nvidia CEO Jensen Huang to appear before a closed‑door hearing after an intelligence memo alleged a romantic link to a suspected Chinese spy.