Apple tops Nvidia as world’s most valuable company

Apple has overtaken Nvidia to become the world's most valuable company, reaching a market capitalization of $4.99 trillion by Tuesday midday. This achievement follows a 25 percent increase in Apple's stock since the start of the year, ending Nvidia's two-year tenure at the top. Simultaneously, CXMT has emerged as China's most valuable company, a growth fueled by the rising demand for AI Memory. Both developments reflect major shifts within the global technology and semiconductor markets.