NVIDIA Reclaims Second-Largest Market Cap in the U.S., Still Behind Apple by 1.2 Walmarts

Deep News11-14 07:30

On the close of Eastern Time on November 13, NVIDIA (NVDA.US) traded at $162.85 per share, down 2.01%, after falling as low as $158.39 intraday with losses widening to 4.69%; after hitting bottom it moved higher in choppy trade, with losses narrowing significantly.

Currently, NVIDIA's total market capitalization stands at roughly $3.9247 trillion, surpassing Microsoft (MSFT.US) by about $34.3 billion, reclaiming the second spot at the close after briefly slipping to third among U.S. stocks intraday.

Microsoft closed at $523.88 per share, up slightly 0.17%, with a market cap of about $3.8904 trillion, dropping to third among U.S. stocks. Its global service outage is still being repaired.

Apple (AAPL.US) shares closed up 0.39% at $356.27, with the stock touching $360.83 intraday to set a new all-time high, closing with a market cap of $5.1774 trillion, firmly holding the global top spot.

Currently, the gap between NVIDIA and Apple is about $1.253 trillion, which is more than $200 billion greater than the total market capitalization of Walmart (WMT.US) at $1.0162 trillion that day.

After Jensen Huang resigned from the positions of president, CEO, and director, and in response to market rumors that the board had already approached specific candidates, the board confirmed it is selecting a headhunting firm to search for a new CEO, but stated it has not yet formally approached any potential candidates.

NVIDIA plunged 12.7% this week, with its market value evaporating more than $573 billion this week. This marks the sixth consecutive weekly decline for NVIDIA, also setting the longest losing streak since 2012 and the largest single-week drop since April 2025.

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