{"slug": "apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company", "title": "Apple briefly overtakes Nvidia as world’s most valuable company", "summary": "Apple briefly overtook Nvidia as the world's most valuable publicly traded company on Friday, with its market cap reaching about $4.88 trillion amid optimism over its consumer-focused AI strategy. Nvidia regained a slight lead by the closing bell after a 3.5% share decline, marking the first time in over a year Apple surpassed the chipmaker.", "body_md": "# Apple briefly overtakes Nvidia as world’s most valuable company\n\nApple briefly reclaimed the title of the world’s most valuable publicly traded company on Friday, overtaking chipmaker Nvidia as investors reassessed the leading beneficiaries of the artificial intelligence boom, reports a [Qazinform](https://qazinform.com/) News Agency correspondent.\n\nApple’s market capitalization climbed to about $4.88 trillion during trading, narrowly exceeding Nvidia’s $4.86 trillion after the chipmaker’s shares fell around 3.5%. However, market data showed Nvidia had regained a slight lead by the closing bell.\n\nThe shift marked the first time in more than a year that the iPhone maker had moved ahead of Nvidia, which previously became the first company to cross the $5 trillion valuation threshold.\n\nApple’s renewed momentum comes amid growing optimism about its consumer-focused AI strategy. In June, the company introduced Siri AI, describing it as a more capable and personalized assistant able to understand users’ personal context, search across applications and retrieve up-to-date information from the web.\n\nApple is due to release its third-quarter financial results on July 30.\n\nThe milestone also comes ahead of a planned leadership transition. Apple has announced that hardware engineering chief John Ternus will become CEO on September 1, while Tim Cook will move into the role of executive chairman.\n\nDespite Apple’s gains, technology shares broadly declined, with semiconductor stocks coming under pressure amid concerns over intensifying competition and the sustainability of AI-related spending.\n\nEarlier, [Qazinform](https://qazinform.com/) News Agency [reported](https://qazinform.com/news/apple-signs-30b-deal-with-broadcom-to-boost-us-chip-production-d3e6f9) that Apple had signed a multiyear agreement worth more than $30 billion with Broadcom to design and manufacture wireless chips in the United States, marking the largest commitment under the company's American Manufacturing Program.", "url": "https://wpnews.pro/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company", "canonical_source": "https://qazinform.com/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company-1e246b", "published_at": "2026-07-18 10:02:00+00:00", "updated_at": "2026-07-18 14:06:15.672982+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products"], "entities": ["Apple", "Nvidia", "Siri AI", "John Ternus", "Tim Cook", "Broadcom"], "alternates": {"html": "https://wpnews.pro/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company", "markdown": "https://wpnews.pro/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company.md", "text": "https://wpnews.pro/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company.txt", "jsonld": "https://wpnews.pro/news/apple-briefly-overtakes-nvidia-as-worlds-most-valuable-company.jsonld"}}