Business · Markets · 1 hr ago
Apple Regains Title as World's Most Valuable Company
Apple ended the day as the world's most valuable company, with a market value of $5.03 trillion, ahead of Nvidia's $4.93 trillion.
Nvidia's shares fell 4.2%, pushing the AI chipmaker into second place.
The shift came during a broad sell-off in technology shares, after Amazon, Intel and Google's parent company, Alphabet, reported results or forecasts that disappointed investors.
Many investors worry that large technology companies are spending heavily on AI infrastructure without earning enough cash from it.
Apple has kept its AI investment spending more limited and has gained market share amid shortages of memory and other chips, leading some investors to see it as a safer technology investment.
Since the start of the year, Apple's shares have risen 26.8%, compared with 9.7% for Nvidia.
Apple recently introduced a touchscreen MacBook Pro and new iPads, but no further next steps were reported.
Apple regained its position as the world’s most valuable company on October 30, surpassing Nvidia.
Apple closed with a market value of about $5.03 trillion, compared with Nvidia’s $4.93 trillion.
Nvidia shares fell 4.2% as technology stocks broadly declined amid concerns about heavy investment in artificial intelligence.
Reports said investors viewed Apple more favorably because it had held back from the AI investment race.
The ranking change came about three months after Apple last briefly held the top position.
- Who
- Apple overtook Nvidia in market value.
- What
- Apple regained its position as the world’s most valuable company.
- When
- October 30, 2026.
- Where
- The New York Stock Exchange.
- Why
- Concerns about major technology companies’ AI spending weighed on technology shares, while Apple was seen as having limited its AI investment.
This story does not have two clearly opposing sides.
Apple briefly held the top position after passing a $5 trillion market value, according to Yonhap.
John Ternus took over as Apple CEO, according to Yonhap.
Apple introduced a new MacBook Pro with a touchscreen and new iPads, Yonhap reported.
Apple finished the day ahead of Nvidia in market value, regaining the top position.
- Apple market value
- About $5.03 trillion at the October 30 close
- Nvidia market value
- About $4.93 trillion at the October 30 close
- Nvidia share move
- Fell 4.2% on October 30, according to Yonhap
- Previous top position
- Apple last briefly held it in late July, according to Yonhap
- Apple CEO
- John Ternus took office in September 2026, according to Yonhap