Apple has overtaken Nvidia as the world’s most valuable company, with its market capitalization reaching between $4.95 trillion and just over $5.0 trillion after Monday’s market close. This marks the first time since April 2025 that Apple has surpassed the artificial intelligence chip maker in valuation. Nvidia’s share price decline has been linked to concerns about the costs associated with building AI infrastructure, while Apple shares rose ahead of its earnings report. This shift reflects the ongoing competition between the two tech giants for market dominance.
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