NVIDIA Overtakes Apple to Reclaim Global Market Cap Crown

Deep News11-04 20:20

NVIDIA shares surged nearly 3% (approximately 3.25%) in the last trading session, pushing its total market capitalization back to around $5 trillion (approximately $5.03 trillion).

Meanwhile, Apple (AAPL) shares declined, with its latest market value standing at approximately $4.74 trillion to $4.81 trillion.

As a result, NVIDIA (NVDA) has once again surpassed Apple (AAPL) to become the world's most valuable company.

Whether it's large language models, AI robots, or various intelligent applications, training and running them all depend on high-performance GPUs.

With its chip hardware plus CUDA software ecosystem, NVIDIA (NVDA) has firmly positioned itself at the very top of the AI supply chain.

Cloud providers and AI companies continue to make large-scale purchases, driving sustained strength in orders and earnings, and investors are naturally willing to buy in.

Unlike Apple (AAPL), which profits from phones and consumer electronics, NVIDIA (NVDA) now resembles an "infrastructure supplier" of the AI era: others build AI applications, while it provides the underlying computing power, making it a core necessity in this AI wave.

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