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# Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

Apple reclaimed the title of world's most valuable company on Friday, closing at $4.88 trillion as Nvidia fell 3.5% to $4.86 trillion. Nvidia had held the top spot for nearly a year after becoming the first company to surpass $5 trillion. The shift reflects investors broadening their AI investment focus beyond chip makers. Apple's strategy of integrating third-party AI models rather than building its own proved commercially successful, with the company posting its best quarter ever. Meanwhile, the semiconductor index has dropped nearly 19% from all-time highs, while memory chipmakers like Micron and SK Hynix have emerged as new AI beneficiaries.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/apple-overtakes-nvidia-most-valuable-company>

## Questions this post answers

### Why did Apple overtake Nvidia as the world's most valuable company

Apple closed at roughly $4.88 trillion while Nvidia fell 3.5% to about $4.86 trillion, marking Apple's first time on top since April 2025. The shift reflects investors broadening their AI focus beyond pure chipmakers, with Apple benefiting from its recent Siri overhaul and a strategy of integrating third-party AI models rather than building its own.

_Investors weighing AI-driven market shifts can track company and tech news on daily.dev._

### Which memory chipmakers are benefiting from the AI trade alongside Nvidia

Micron crossed a $1 trillion market cap in May and SK Hynix listed on the Nasdaq, positioning both as long-term AI beneficiaries through multi-year supply deals rather than replacements for Nvidia. The semiconductor index overall has fallen nearly 19% from its all-time highs as investors reassess the AI trade's sustainability.

_Developers and engineers following AI hardware trends can keep up with chipmaker news on daily.dev._

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---

Tags: [#ai](https://daily.dev/tags/ai), [#apple](https://daily.dev/tags/apple), [#nvidia](https://daily.dev/tags/nvidia)

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