finance
Apple Regains Title of World's Most Valuable Company at $4.88 Trillion
Apple surpassed Nvidia during intraday trading to become the world's most valuable company with a $4.88 trillion valuation. Nvidia shares fell as much as four percent during the session before recovering.
Jul 17, 12:47 PM·1m read6 sources
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Apple regained the title of the world's most valuable company on Friday with a valuation of $4.88 trillion. The shift occurred during intraday trading as Apple shares continued gains that began in late June.
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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. 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.
