finance
Apple Briefly Surpasses Nvidia as World's Most Valuable Company
Apple overtook Nvidia on Friday to become the world's most valuable company again, with a valuation of about $4.9 trillion. Nvidia shares fell as much as four percent before recovering, leaving the two companies trading near each other.
Jul 17, 12:47 PM·1m read5 sources
KOAJ+2
Valuation concerLeadership intac
EuronewsAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Apple briefly overtook Nvidia as the world's most valuable company on Friday, reaching a valuation of $4.88 trillion according to multiple market reports. The shift occurred during intraday trading as Apple shares continued gains that began in late June.
Post by @KobeissiLetter on X
Nvidia shares fell as much as four percent during the session, bringing its valuation to approximately $4.8 trillion before recovering later in the day. Both companies traded near parity for the top position by the close.
Nvidia had assumed the title of world's most valuable company earlier in 2025, following a period in which its stock rose more than 1,200 percent from a split-adjusted price of $14.86 in January 2023 to around $205 by mid-July 2026. The company executed a 10-for-1 stock split in June 2024.
Its graphics processing units, originally developed for video games, now serve as primary hardware for training large language models at companies including OpenAI, Anthropic, and Google.
Apple has not developed its own large language models. The company has instead focused on integrating AI features into existing products, including a redesigned version of Siri that received positive early reviews.
