On Monday Apple (AAPL.O) closed above NVIDIA (NVDA.O) to become the world's most valuable company for the first time since April 2025. NVIDI
On Monday Apple (AAPL.O) closed above NVIDIA (NVDA.O) to become the world's most valuable company for the first time since April 2025. NVIDIA slid nearly 5%, cutting its market value to $4.77 tln as investor concerns over large AI infrastructure spending hit the AI-chip sector. Apple rose about 1% to a $4.95 tln market cap; it is scheduled to report quarterly results after the close on Thursday. NVIDIA had held the top spot since overtaking Microsoft in June 2025 and briefly reached $5 tln last October. Year-to-date through 2026, NVIDIA is up ~4% while Apple has gained ~24%, with investors favoring Apple's more cautious AI capex stance and preference for leasing compute over building owned infrastructure.
On Monday Apple (AAPL.O) closed above NVIDIA (NVDA.O) to become the world's most valuable company for the first time since April 2025.
NVIDIA slid nearly 5%, cutting its market value to $4.77 tln as investor concerns over large AI infrastructure spending hit the AI-chip sector.
Apple rose about 1% to a $4.95 tln market cap; it is scheduled to report quarterly results after the close on Thursday.
NVIDIA had held the top spot since overtaking Microsoft in June 2025 and briefly reached $5 tln last October.
Year-to-date through 2026, NVIDIA is up ~4% while Apple has gained ~24%, with investors favoring Apple's more cautious AI capex stance and preference for leasing compute over building owned infrastructure.