{
  "id": 19446387,
  "title": "Microsoft Overtakes Nvidia As World's Second-Most Valuable Company Amid Jensen Huang Controversy",
  "url": "https://urgent.news/2026/11/11/microsoft-overtakes-nvidia-as-worlds-second-most-valuable-company",
  "topic": "world",
  "section": "World",
  "published": "2026-11-11T04:22:33.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/tech/microsoft-overtakes-nvidia-as-worlds-second-most-valuable-company-amid-jensen-huang-controversy"
  },
  "original_language": "en",
  "account": "Microsoft has surpassed Nvidia to become the world's second-most valuable company, following a sharp 6 percent drop in Nvidia's shares due to scrutiny of CEO Jensen Huang and his ties to a businesswoman under scrutiny by US authorities. This marks the first time since June 2025 that Microsoft has held the higher ranking. Nvidia's stock plummeted around $167.11, while Microsoft slipped by 0.4 percent to $543.25, wiping approximately $470 billion in market value, albeit this is still a projection.\n\nNvidia's board instigated an independent investigation into Huang following reports of potential foreign intelligence targeting and the FBI is also probing the matter. US President Donald Trump confirmed that the FBI is examining the situation. Huang, who has insisted on his commitment to US national security, addressed Nvidia staff, alleging he had been unfaithful to his wife without providing further details.\n\nThe controversy intensified after The Information reported that a network connected to Alice Huang, not related to Huang, facilitated the shipment of at least $7.5 billion worth of Nvidia chips to Chinese entities. It estimated that around 240,000 H100, H200, and some A100 chips reached China, with firms like Alibaba and Tencent benefiting. Alice Huang, a former finance professional with links to HSBC's Hong Kong private bank and CITIC Securities, became the controlling shareholder of Singapore-based Megaspeed International in March 2023. While there's no evidence that Megaspeed broke US export rules, there's no confirmation that Nvidia or Huang knowingly violated export controls or compromised company secrets.",
  "summary": "Microsoft has overtaken Nvidia to become the world's second-most valuable company, after the chipmaker's shares tumbled more than 6 percent amid fresh scrutiny of chief executive Jensen Huang and his links to a businesswoman under watch by US authorities. The slide fed wider doubts over whether huge spending on AI infrastructure will deliver returns big enough to justify lofty valuations. Nvidia…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}