Apple becomes world’s most valuable company with $4.88 trillion valuation
Apple Inc. reclaimed the position of the world’s most valuable public company on Tuesday, with its market capitalization rising to $4.88 trillion. The surge moved Apple ahead of Nvidia Corp., whose market value fell by 3.5% in the same trading session, ending the day below the technology giant’s valuation.
The shift reflects recent volatility in the semiconductor sector, where Nvidia’s shares had previously surged to record highs before retreating amid broader market corrections. Analysts noted that Apple’s stable earnings outlook and continued demand for its hardware and services contributed to the firm’s valuation rebound, while Nvidia’s decline was attributed to profit‑taking and concerns over demand for graphics processing units. With the latest figures, Apple reestablished its lead in the global market‑cap rankings, a position it is expected to defend pending further developments in the tech industry.