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Apple Briefly Overtakes Nvidia As World's Most Valuable Company

Nvidia's stock briefly fell about 3%, reducing its market capitalization to around $4.84 trillion, while Apple's valuation climbed to roughly $4.88 trillion

,   and  TIPP Staff
2 min read
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Apple and Nvidia traded places on Friday in the race to become the world's most valuable publicly listed company as fluctuations in their share prices reshaped market rankings.

According to the report, Nvidia's stock briefly fell about 3%, reducing its market capitalization to around $4.84 trillion, while Apple's valuation climbed to roughly $4.88 trillion before the positions reversed later in the trading session.

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Apple has outperformed Nvidia in 2026, with its shares gaining 22% as investors responded positively to the company's artificial intelligence strategy, efficient spending model and upcoming product lineup.

The report said HSBC recently upgraded Apple's stock, citing its expanding AI capabilities and strong innovation pipeline.

Nvidia, by comparison, has risen about 7% this year as investor attention shifted toward memory chip makers and broader data center infrastructure. According to the report, Nvidia has held the title of the world's most valuable company since June 2025 after overtaking Microsoft.

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