Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion
TL;DR
Apple ($4.88T) overtook Nvidia ($4.86T) as the world’s most valuable company for the first time since April 2025. Nvidia fell 3.5%. The AI trade is broadening.
Apple overtook Nvidia on Friday to become the world’s most valuable company for the first time since April 2025. Apple closed at roughly $4.88 trillion as its shares held steady, while Nvidia fell 3.5% to approximately $4.86 trillion. Nvidia had held the top spot for nearly a year after becoming the first company to surpass $5 trillion in October.
The shift reflects investors broadening their AI focus beyond the most obvious beneficiaries. “Apple was seen as a laggard in the AI race because it wasn’t spending to develop models, but now sentiment has changed,” said Toni Meadows of BRI Wealth Management. Apple rolled out its long-delayed Siri overhaul last month, and CEO Tim Cook is preparing to hand the role to...
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