Industry Odisha, Jul 18: California’s Cupertino-headquartered American multinational technology giant has reportedly reclaimed the title of being the world’s most valuable publicly traded company overtaking California’s Santa Clara-headquartered another American multinational technology company Nvidia.
International media reported that, “It all happened yesterday when Apple’s market capitalisation surged to $4.88 trillion following the company’s steady shares, while Nvidia’s shares declined 3.5% and its market capitalisation stood at $4.86 trillion. The latest position of Apple is being attributed to its AI chip demand and new iPhone lineup even though Nvidia still remains a mojor beneficiary of AI-related spending.”
International analysts have reportedly lauded “Apple chief Tim Cook’s efforts and acumen, because Apple company was seen lagging behind in the AI race and was less exposed to capex intensity.”
Reportedly, Apple company “rolled out its overhauled Speech Interpretation and Recognition Interface (Siri) in a bid to close the gap with its big tech rivals and new-age start-ups in the crucial race of Artificial Intelligence (AI).”
International media quoting analysts have, however, reported that, “Nvidia could reclaim the top spot as world’s most valuable publicly traded company, because Nvidia had become the first company in the world to surpass a landmark of $5 trillion market valuation in October last year (2025), that was far beyond the reach of its rivals.”
