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Nvidia Reclaims World's Most Valuable Company Title With 3% Rise to $5.03 Trillion

Nvidia shares advanced 3% to $208.24, lifting the chipmaker's market capitalization to $5.03 trillion and reclaiming the title of the world's most valuable publicly traded company from Apple. The move snapped a four-session losing streak, coming just four days after Apple had overtaken Nvidia. The shift followed downward pressure on Apple shares caused by disappointing revenue guidance. Nvidia's gain came alongside a broader semiconductor rally despite warnings from Reflection AI regarding Chinese chip competition, with Nvidia guiding third-quarter fiscal 2027 revenue to approximately $108 billion.

Category

NVIDIA

Sentiment

Bullish

Event

Market move

Reading time

1 min