Apple dethrones Nvidia to regain title of world’s most valuable company
Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple's market cap stood at $4.88tn while Nvidia fell to $4.86tn after a 3.5% decline.
Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligence
Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.
Apple was last valued at $4.88tn as its shares held steady, while Nvidia was roughly at $4.86tn, after a 3.5% decline.
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