Microsoft regains title of world's most valuable public company from Nvidia

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The computing giant is currently valued at £3.3trn (£2.6trn) - just ahead of its closest rivals Nvidia and Apple. It comes as tech companies battle over artificial intelligence products.

Microsoft has regained the title of the world's most valuable public company just days after it was overtaken by one of its rivals. Computer chip maker Nvidia lost its hold on the top spot after its shares slipped by 3.5% in the US on Thursday, leaving the company valued at $3.2trn . Microsoft's shares also dipped slightly, but it still ended the day's trading worth $3.3trn .

Read more:How Nvidia became the world's most valuable company However, while some commentators believe the only way is up for the company, others have questioned whether it has been overvalued. A key factor to watch is whether Nvidia can maintain its dominance in AI, or if its market share will be eroded by its rivals as they invest heavily in the field while racing to catch up.

 

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Nvidia overtakes Microsoft to become world's most valuable public companyA so-called stock split has been credited with driving the chipmaker's value further into the stratosphere, 12 days after it claimed the number two spot from Apple.
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