Apple tops Nvidia as world's most valuable company as AI bets shift

Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the rankings among major technology firms. The change reflects investors recalibrating expectations for how artificial intelligence will be deployed and monetized across the market. The report notes that the shift in leadership came as AI bets evolve, affecting perceived revenue potential and competitive positioning for both companies. With Apple at the top, Nvidia’s previous standing is displaced, at least temporarily, in the latest valuation snapshot. The development underscores how quickly market sentiment can move when the AI narrative changes from product development to actual adoption and earnings impact.