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Apple exceeds $5T, overtaking NVIDIA
Apple once again dominated the list of the world's most valuable companies, surpassing Nvidia after exceeding a market value of $5 trillion, making it the second company in history to reach this level. Apple's stock rose by up to 1.8% following the market open, temporarily pushing its market capitalization above $5 trillion before it declined back below that figure. This rise comes amid a decline in chip stocks linked to artificial intelligence, driven by concerns over the hefty investments in AI infrastructure and the expected returns from them, amid volatility in the tech sector and data center investments. Meanwhile, Nvidia had set a record high with a market value of $5.7 trillion in May 2025 before losing a trillion dollars of its value. Currently, Apple remains the largest company according to the S&P 500 index.
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