Apple Tops Nvidia as World's Most Valuable Company with $5 Trillion Market Cap FAST-MOVING
Apple Inc. lifted its market capitalization to roughly $5 trillion, overtaking Nvidia Corp. as the world’s most valuable public company. The move pushed Apple’s valuation to about $4.94‑5.0 trillion, while Nvidia’s slipped to roughly $4.8‑4.77 trillion after its shares fell about 5 % on the same trading day. Apple’s stock rose between 1 % and 3 % in response to the overtaking.
Analysts attribute Apple’s gain to its cautious AI‑related capital spending, which contrasts with Nvidia’s heavier investment in AI infrastructure. Investor sentiment has shifted toward Apple’s disciplined approach, supporting a stronger share performance amid a broader sell‑off in chip stocks.
The milestone coincides with a leadership transition at Apple: Tim Cook is set to become executive chairman of the board on 1 September, and John Ternus, head of hardware, will assume the CEO role. Apple will report its quarterly earnings later in the week, a filing that could further influence its market position.
Entities: $5 trillion market cap · Apple Inc. · Argenx SE · Forte Biosciences Inc. · John Ternus · Nvidia Corp. · RTX Corp. · Tim Cook
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Apple’s more restrained AI capital spending helped support its stock performance relative to Nvidia.
- [● 4 SOURCES] Nvidia’s market capitalization fell to around $4.8 trillion after its shares dropped about 5 %.
- [● 2 SOURCES] Tim Cook will become executive chairman of Apple’s board on 1 September, with John Ternus succeeding him as CEO.
- [● 3 SOURCES] Nvidia’s share price fell about 5 % on the same trading day.
- [○ 1 SOURCE] Apple reported free cash flow of $129 billion for the most recent fiscal year.
- [● 2 SOURCES] Apple’s share price rose between 1 % and 3 % on the day it reclaimed the top market‑value spot.
- [● 3 SOURCES] Apple became the second company worldwide to surpass a $5 trillion market‑cap, after Nvidia achieved the milestone earlier.
- [● 5 SOURCES] Apple’s market capitalization reached approximately $5 trillion, surpassing Nvidia’s valuation. (Apple overtook Nvidia as the world’s most valuable public company.)