Apple Overtakes Nvidia as World's Most Valuable Company
- Apple has surpassed Nvidia in market capitalization, reclaiming the top spot as investors reward its lighter AI capex profile while Nvidia slides on AI-spending and deal-financing concerns, per Yahoo Finance/FinanceBuzz.
- Apple shares have gained this month and roughly 18% year-to-date, while Nvidia has lagged the broader semiconductor group as memory-chip names such as Micron and Sandisk have rallied on data-center demand.
- The flip comes ahead of Apple's upcoming earnings report, with the company seen as a relative 'AI-monetizer' winner that has avoided the capex pitfalls dragging on Alphabet and Tesla.