Nvidia's AI-Fueled Lead Slips for Second Time This Year
Nvidia's brief reign as the world's most valuable public company came to an end on July 27, 2026, when Apple's market capitalization surpassed it by approximately $180 billion.
Apple's stock climbed over 1% that day, pushing its market cap to around $4.94 trillion at closing, enough to reclaim the top spot from Nvidia for a short time.
Nvidia's share price fell about 5% during the same session, according to Yahoo Finance, which cut its market capitalization to between $4.76 trillion and $4.83 trillion, depending on the data provider.