Nvidia Surpasses Apple, Briefly Becomes World’s Most Valuable Company at $3.53 Trillion

Chipmaker Nvidia briefly Surpass Apple, driven by surging demand for AI technology.

Nvidia has once again surged ahead in the stock market, briefly surpassing Apple to become the world’s most valuable company with a staggering valuation of $3.53 trillion. The record-setting rally came on Friday, driven by unprecedented demand for Nvidia’s AI-focused chips, cementing its dominance in the high-tech sector.

For a fleeting moment, Nvidia’s stock market value reached $3.53 trillion, outpacing Apple’s $3.52 trillion, according to LSEG data. Nvidia shares later settled, rising 2.2% with a market cap of $3.52 trillion. Apple, with a 0.9% increase, closed slightly higher at $3.54 trillion.

This isn’t Nvidia’s first shot at the top. In June, the company briefly claimed the top position before being overtaken by Microsoft and Apple. The three tech giants have remained in close competition, reflecting fierce investor interest in the rapidly evolving tech landscape.