Nvidia loses second place and falls to third place in the world by market value, surpassed by Apple and Microsoft after a stock market correction that has seen it lose more than $400 billion in capitalization since the weekend's revelations.

Shares of the AI chipmaker fell more than 6% on Wall Street on Tuesday, November 10, 2026, to around $167-$168 per share. The company's market capitalization shrank to roughly $4 trillion, behind Apple (over $5 trillion) and Microsoft (about $4 trillion).

The collapse was triggered after Jensen Huang, CEO and co-founder of Nvidia, acknowledged an extramarital affair with a businesswoman identified by U.S. intelligence services as an alleged Chinese spy. The investigation seeks to determine whether Huang was the target of a foreign intelligence operation and whether that contact compromises sensitive information.

Nvidia had not occupied such a low position in the global rankings since 2025. Microsoft regained the second spot for the first time since June 2025, although the crossover was brief: hours later Nvidia returned to the second position. The drop adds to a correction of more than 29% from the all-time high of $239.24 reached on October 6.

Sources: Expansion.mx, Perfil, Business Insider Spain, LA NACION. Image: Expansion.mx.