Apple tops Nvidia as world’s most valuable company
Summary
Apple has become the world's most valuable company, surpassing Nvidia after more than two years. Apple's stock has increased by 25% this year, giving it a market value of about $4.99 trillion as of midday Tuesday.Key Facts
- Apple is now the most valuable company globally.
- Nvidia was the top company for more than two years before Apple overtook it.
- Apple's stock price has increased by 25% since the beginning of this year.
- As of midday Tuesday, Apple's market value reached approximately $4.99 trillion.
- The market value means the total worth of all Apple's shares combined.
- Nvidia is a company that makes computer chips.
- Apple's main product is the iPhone.
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