Apple dethrones Nvidia to regain title of world’s most valuable company

Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligence

Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.

Apple was last valued at $4.88tn as ⁠its shares held steady, while Nvidia ⁠was roughly at $4.86tn, ​after a 3.5% decline. Continue reading…
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