Apple briefly tops $5 trillion market value for first time
Apple’s rally reflects strong product demand and lower AI spending than rivals, with shares up 24% this year, analysts said.
- On Tuesday, Apple briefly surpassed $5 trillion in market value, reclaiming the world's most valuable company title from Nvidia after the chipmaker's shares fell nearly 5% on Monday.
- Unlike Big Tech rivals pouring hundreds of billions into proprietary AI infrastructure, Apple maintained capital discipline by relying on partnerships and rented computing capacity instead of building massive systems.
- Apple launched a U.S. device leasing program through Klarna on Tuesday to bolster upgrade cycles, while the company prepares to report fiscal third-quarter earnings Thursday with insights on AI-driven memory chip shortage impacts.
- CEO Tim Cook is set to step down September 1, with hardware engineering chief John Ternus taking over and pledging to preserve the financial discipline that defined Cook's 15-year tenure.
- Nvidia's shares fell to roughly $4.77 trillion on Monday amid investor concerns about unsustainable AI infrastructure costs, positioning Apple as a safer choice for those favoring proven earnings over speculative growth.
129 Articles
129 Articles
Apple dethrones Nvidia as world’s most valuable company
For the past year, Nvidia has basically been sitting on the throne of Big Tech, powered by the AI boom and the insatiable demand for the GPUs running everything from ChatGPT to giant data centers. Now Apple has kicked the door open and taken the crown back. Apple’s stock jumped more than 1% Monday, pushing the company’s market value to roughly $4.94 trillion and putting it ahead of Nvidia, whose market cap fell to around $4.75 trillion after its…
Apple overcame Nvidia and was once again the most valuable company in the world. Apple’s AI strategy and rising shares boosted its stock value
As the second company worldwide, Apple is short-term cracking the five-billion mark. Currently, the Group is ahead of chip manufacturer Nvidia on the US stock exchange.
Apple briefly becomes second company ever to reach $5 trillion market value
Apple’s market capitalization recently surpassed $5 trillion, making it the second company ever to cross that mark. Nvidia is the only other company that had previously reached that milestone. Reports from earlier this month said Apple overtook Nvidia to become the most valuable company. Its shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 trillion. At a session high of $342.89, Apple’s market value stood at $5.03…
Apple's stock on Tuesday, July 28, increased by 1.8 per cent, to almost $343 for securities, bringing the company's capitalization to over five trillion dollars, writing Bloomberg.
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