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Apple dethrones Nvidia to regain title of world’s most valuable company

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Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligenceApple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple was last valued at $4.88tn as ⁠its shares held steady, while Nvidia ⁠was roughly at $4.86tn, ​after a 3.5% decline.

Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligence

Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.

Apple was last valued at $4.88tn as ⁠its shares held steady, while Nvidia ⁠was roughly at $4.86tn, ​after a 3.5% decline.

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Originally published by The Guardian UK Read original →