Apple has become the world’s most valuable publicly listed company again, according to market data cited by ChainCatcher from Gate. The company’s market capitalization reached $5.03 trillion, topping Nvidia’s $4.93 trillion. The move marks Apple’s first time surpassing Nvidia again since late July.
On the day, Apple shares fell 1.2%, while Nvidia dropped 4.2%. Even with that daily decline, Apple stock is still up 27% so far this year. Nvidia, by contrast, has fallen more than 10% over the past month.
The figures point to a shift in relative market value between the two U.S. tech giants, with Apple reclaiming the No. 1 position after trailing Nvidia since late July.
Apple’s market capitalization has reached $5.03 trillion, surpassing Nvidia’s $4.93 trillion and making Apple the world’s most valuable publicly listed company again, according to Gate market data cited by ChainCatcher.
The change marks Apple’s first move back ahead of Nvidia since late July. On the day, Apple shares fell 1.2%, while Nvidia declined 4.2%. Apple stock is up 27% so far this year, while Nvidia has dropped more than 10% over the past month.
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