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Apple surpasses Nvidia to become the world's most valuable company amid AI market shifts

Market News
17 Jul 2026
New York Post
View Source
Bullish
pluang ai news

Apple overtook Nvidia to become the world's most valuable company, valued at $4.88 trillion compared to Nvidia's $4.86 trillion, reflecting a shift in investor focus beyond just AI chipmakers. Apple's renewed top position highlights confidence in its earnings durability and AI monetization through services and hardware, despite previously being seen as lagging in AI development. Nvidia remains a key AI player and could regain the lead, while AI enthusiasm also benefits other chipmakers like Micron and SK Hynix. This reshuffle signals broader investor interest in diverse tech companies amid evolving AI market dynamics.

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