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Nvidia Dips Into the Red. Microsoft Reclaims the Market Cap Title.

Nvidia Dips Into the Red. Microsoft Reclaims the Market Cap Title.

Nvidia stock did an about-face on Thursday, dipping 3.5% into the red and closing just below Microsoft on the list of largest companies by market cap. Nvidia started out with gains, on track to cement its lofty position. The chip maker had passed Microsoft and Apple in terms of market value on Tuesday, closing up 3.5%.