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In Numbers, How Nvidia Became The King Of AI Compute Capacity

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In Numbers, How Nvidia Became The King Of AI Compute Capacity

After CEO Jensen Huang publicly acknowledged his affair, the company's board launched an independent investigation into claims that he was the target of a foreign intelligence effort.

Nvidia shares tumbled over 8 per cent as US markets opened on Monday following the board's launch of the investigation.The sharp drop allowed Microsoft to overtake Nvidia as the world's second-most valuable company on Tuesday.

Adding to its troubles, a shareholder has filed a lawsuit against Nvidia and Huang, accusing them of misleading investors in their responses to media reports surrounding the scandal.READ | "There'll Never Be One Like Me": Jensen Huang's Nvidia Faces A Succession CrisisThe fallout underscores Nvidia's pivotal position in the AI race, demonstrating how disruption at a single firm can send shockwaves across the entire global tech landscape.Market Cap vs GDPNvidia's market capitalisation has grown so large that it rivals the size of national economies.