Apple Market Cap Surges 24% YTD to Overtake Nvidia as Top Global Firm

Apple regains global market cap leadership with $4.95T valuation, surpassing Nvidia's $4.77T amid AI infrastructure cost concerns and divergent YTD performance.

Woofun AI reports that Apple has reclaimed the position of the world's most valuable company, ending Nvidia's reign that began in June 2025. Apple's market capitalization reached $4.95 trillion following a 1% stock price increase, while Nvidia's value fell nearly 5% to $4.77 trillion due to investor concerns regarding AI infrastructure costs.

Apple's stock has risen 24% year-to-date in 2026, significantly outperforming Nvidia's 4% gain. This divergence reflects investor approval of Apple's strategy to lease computing power rather than incur high capital expenditures for AI infrastructure, ahead of its anticipated earnings report release on Thursday.