Nvidia's stock slides as Microsoft briefly overtakes it in market value

Nvidia's stock has fallen for two consecutive days, dropping over 4% Monday and 5.5% Tuesday, putting its market value near the $4 trillion threshold and briefly allowing Microsoft to overtake it as the largest AI beneficiary. The decline follows a scandal involving CEO Jensen Huang's extramarital affair with an alleged Chinese agent, prompting Nvidia to launch an investigation expected to last four to six weeks. Analysts estimate only a 15% chance Huang will be removed from his position. Huang publicly apologized Sunday for the affair, while authorities examine whether his alleged mistress, Alice Huang, exported AI accelerators worth at least $4.6 billion to Southeast Asia, potentially including restricted models, with possible onward shipment to China.