{"id":696937,"date":"2026-07-17T16:40:12","date_gmt":"2026-07-17T16:40:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/696937\/"},"modified":"2026-07-17T16:40:12","modified_gmt":"2026-07-17T16:40:12","slug":"apple-dethrones-nvidia-to-regain-title-of-worlds-most-valuable-company-apple","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/696937\/","title":{"rendered":"Apple dethrones Nvidia to regain title of world\u2019s most valuable company | Apple"},"content":{"rendered":"

Apple overtook Nvidia<\/a> on Friday to become the world\u2019s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.<\/p>\n

Apple was last valued at $4.88tn as \u2060its shares held steady, while Nvidia \u2060was roughly at $4.86tn, \u200bafter a 3.5% decline.<\/p>\n

Nvidia became the first company in the world to surpass a $5tn market valuation in October, a landmark that propelled it into a rarefied territory that \u200bwas far beyond the reach of its rivals.<\/p>\n

Being superseded by Apple does not necessarily signal a lasting change in the companies\u2019 relative standing. The chipmaker remains a major beneficiary of AI-related spending, and its graphics processors are powering much of the generative AI frenzy.<\/p>\n

The shift in the pecking order illustrates that investors are broadening their focus beyond the most obvious beneficiaries of the AI boom, such as Nvidia, which had been at the helm for nearly a \u2060year. Apple is reclaiming the top spot for the first time since April last year.<\/p>\n

\u201cApple was seen as a laggard in the AI race because it wasn\u2019t spending to develop models, but now sentiment has changed,\u201d said Toni Meadows, head of \u2060investment at BRI Wealth Management.<\/p>\n

Last month, the company rolled out a long-delayed overhaul of Siri, betting the upgraded assistant would help close the gap with big tech rivals and new-age startups in the crucial AI race.<\/p>\n

For a company that \u200cwas often seen trailing in the AI \u200crace, the milestone reflects Apple\u2019s efforts to establish itself more firmly among the sector\u2019s leading players, and could shape how CEO Tim Cook\u2019s final months at \u200cthe helm are viewed. Cook is preparing to cede his role to hardware veteran John Ternus in September.<\/p>\n

Nvidia could reclaim the top spot if sentiment shifts. Apple is in a delicate position, having raised prices to offset rising costs \u2013 a strategy that could hurt demand.<\/p>\n

\u201cI don\u2019t see any meaningful distinction. Nvidia likely to be a significant \u2060participant in whatever happens going forward,\u201d said Benjamin Hall, vice-president, alpha research at Segal Marco Advisors.<\/p>\n

However, the AI \u200benthusiasm has spread to other corners of the semiconductor \u200bindustry. The bigger winners this year have been memory \u200bchipmakers such as Micron, which crossed $1tn in market value in May as investors embraced the significance of memory chips in \u200bAI infrastructure.<\/p>\n

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South Korea\u2019s SK Hynix also \u200clisted on the Nasdaq earlier this \u200bmonth, adding another player to \u200bthe race for investor attention.<\/p>\n

\u201cThe new entrants to the market could spread out the focus away from the pure Magnificent Seven names into a wider number of names,\u201d Hall said.<\/p>\n

The eye-watering chips rally ran into turbulence in July as investors reassessed the sustainability of the artificial intelligence trade, knocking the Philadelphia SE Semiconductor index down almost 19% from its all-time highs.<\/p>\n

Despite the steep fall, the index has performed better than Nvidia so far this year.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple overtook Nvidia on Friday to become the world\u2019s most valuable company, reshuffling the top ranks of tech…\n","protected":false},"author":2,"featured_media":696938,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,86,56,54,55],"class_list":["post-696937","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/696937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=696937"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/696937\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/696938"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=696937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=696937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=696937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}