Signal Desk · Markets

Nvidia slips to third as shares plunge 35% from peak

2026-11-12 · 1 source · CNBC TV18 Market

In short

Nvidia fell to third place in global market value after its shares dropped 35% from a peak.

Apple and Microsoft moved into the top two spots. The move matters because it changes the ranking of one of the world's biggest chipmakers.

What the reporting says

Nvidia slipped to third in global market-cap rankings after its shares plunged 35% from a peak, according to the headline summary.

Why it matters

Nvidia slipped to third in global market-cap rankings after a sharp share decline, with Apple and Microsoft moving ahead. The market reaction appears tied to those reported developments, though the underlying cause of the drop is not independently confirmed in the supplied source.

Touches: Nvidia, Apple, Microsoft, Markets, Companies

Sources