Nvidia slips to third as shares plunge 35% from peak
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.