Topline
Apple has surpassed Nvidia to become the world’s most valuable company by market capitalization, capitalizing on a 3.9% plunge in Nvidia shares and its strategic push into artificial intelligence advancements.
The iPhone maker is once again the world’s largest company by market value.
Key Facts
Nvidia shares fell 3.9% at Friday’s opening bell, reducing its market value to approximately $4.82 trillion.
Apple’s market capitalization rose to $4.88 trillion, nudging past Nvidia as it strengthens leadership in AI-driven technologies.
This is a developing story.
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