Nvidia sheds $220 billion after short run as top stock

Nvidia Corp.’s run as the world’s most valuable company didn’t last long.

Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion in market capitalization and dragging the company from its place as the world’s top stock. Nvidia’s market cap was about $3.1 trillion on Friday, lower than Apple Inc. at $3.2 trillion and Microsoft Corp. at $3.3 trillion.