Apple regains top spot as world’s most valuable company
Apple has reclaimed its position as the world's most valuable company with a $4.88 trillion valuation, surpassing Nvidia. The shift reflects changing investor sentiment toward companies that can effectively monetize consumer AI applications.
Why it matters
This valuation shift underscores the evolving market focus from AI infrastructure providers to companies delivering consumer-facing AI outcomes.
Apple regained world’s top spot with $4.88 trillion valuation, overtaking Nvidia which saw a 3.5 percent market value drop.
x whatsapp-stroke copylink google Add Al Jazeera on Google info Apple's surge comes as CEO Tim Cook is set to hand over the reins of the tech giant to John Ternus in September [File: Abdul Saboor/Reuters] By Al Jazeera Staff and Reuters Published On 17 Jul 2026 17 Jul 2026 Apple has surpassed chipmaker Nvidia as the world’s most valuable company as artificial intelligence-driven market pressures weigh on investors.
Apple is now worth $4.88 trillion compared with Nvidia’s $4.86 trillion, following a 3.5 percent decline in Nvidia’s market value. The milestone marks the first time the Cupertino, California-based iPhone maker has held the top spot in more than a year.
Nvidia was previously the world’s most valuable company after surpassing the $5 trillion market valuation mark in October.
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