Apple reclaims top spot by market capitalization after surpassing Microsoft and Nvidia amid recent investor inflows.
Apple’s market capitalization reached approximately $4.9 trillion, regaining its position as the world’s most valuable company. The milestone ends a 14-month streak during which Microsoft and Nvidia overtook the iPhone maker in market value.
The company’s shares have underperformed AI-driven peers in recent years, with capital expenditures totaling $11 billion over the past 12 months. Competitors like Microsoft, Alphabet, and Amazon are investing significantly more, with each spending around $200 billion this year on AI infrastructure and data centers.
Investor interest in Apple has surged despite its relatively asset-light model, contrasting with the high-risk, high-reward strategies of cloud computing giants.