Nvidia Surpasses Apple as World's Most Valuable Company with $3.4T Market Cap vs. Apple's $3.38T
Jan 22, 2025, 11:34 AM
Nvidia Corp. has surpassed Apple Inc. to become the most valuable company in the world by market capitalization. On January 21, 2025, Nvidia's market cap reached approximately $3.4 trillion, edging out Apple's $3.38 trillion. This shift marks Nvidia's return to the top spot, having previously overtaken Apple in June and November of the previous year. The change in rankings reflects Nvidia's significant growth in the technology sector, particularly in artificial intelligence, while Apple faces challenges in maintaining its market position amidst a competitive landscape. Nvidia's market cap neared $3.6 trillion, with Microsoft trailing at $3.27 trillion. Apple's stock has declined 16% over the last 15 trading sessions and 14% since December 26th, resulting in a $510 billion loss in market cap over the last three weeks.
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