Apple ends day as world's most valuable company, passing Nvidia

Apple reclaimed the title of world's most valuable company at Monday's market close, surpassing Nvidia for the first time since April 2025. Nvidia had held the top position since June 2025, when it overtook Microsoft.

The shift marks a reversal in the market-cap battle between the iPhone maker and the chipmaker that has powered the AI infrastructure boom. Apple's return to the No. 1 spot comes after months of trailing Nvidia, whose dominance was fueled by surging demand for its AI accelerators. The valuation crown has changed hands multiple times over the past year as investors weigh Apple's services and hardware ecosystem against Nvidia's position in generative AI buildout.

Neither company disclosed specific market-cap figures in the report, but the ranking change at Monday's close signals renewed investor appetite for Apple's consumer-hardware model relative to Nvidia's data-center exposure. Microsoft, which briefly held the top rank before Nvidia's June ascent, now sits in third place.