Apple ends the day as the world’s most valuable company, overtaking Nvidia
Apple stock leads Nvidia as the world’s most valuable company See why investors are favoring Apple’s lean AI strategy and what could come next
Apple finished Monday as the world’s most valuable company, moving ahead of Nvidia at the market close for the first time since April 2025.
Nvidia shares fell 5% to a valuation of about $4.77 trillion, as investors continued to worry about the costs tied to the AI infrastructure buildout. Apple shares rose 1% to about $4.95 trillion ahead of its earnings report on Thursday.
Nvidia had held the top spot since June 2025, when it passed Microsoft, and briefly reached a $5 trillion market capitalization in October. So far in 2026, Nvidia has gained 4%, while Apple has risen 24%. Investors have favored Apple’s lighter spending approach on AI infrastructure and have also shifted some attention toward memory and data center suppliers tied to the AI boom.