Nvidia overtakes Microsoft to become world's most valuable public company

Microsoft has been dramatically toppled as the world's most valuable public company.Nvidia, which had only overtaken Apple for the number two spot earlier this month, dethroned Microsoft during trading on Tuesday as its shares rose by more than 3%. The stock has risen more than 170% this year given the chipmaker's leading position in the artificial intelligence (AI) race with 80% of the processor market.Money latest:Big inflation moment forecast for tomorrowThe latest upwards move took its market value to $ ...