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NVIDIA and Apple race for top market cap by Q3 end amid strong earnings and AI growth.

Market News
28 Aug 2026
24/7 Wall Street
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Bullish
pluang ai news

NVIDIA and Apple are competing to hold the largest market cap by the end of Q3 2026. NVIDIA posted a 106% revenue growth in Q2 driven by AI and data center demand, targeting $108 billion revenue in Q3. Apple reported its strongest June quarter ever with $109.42 billion revenue, led by iPhone 17 sales and services, but faces margin pressure from memory costs. NVIDIA's aggressive AI-driven growth contrasts with Apple's broader ecosystem approach, making NVIDIA the favorite if AI demand holds, while Apple remains a safer, defensive investment with strong cash reserves and buybacks.

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