Apple Overtakes Nvidia—Which Will Be Bigger by End of July? - Yahoo Finance

On July 28, 2026, Apple overtook NVIDIA to become the world's most valuable company, sparking market attention and speculation about their future trajectories. According to Polymarket, a prediction pl... Read original →

Apple's surpassing of NVIDIA marks a pivotal shift in the AI era's value dynamics. Technologically, Apple's enhanced Siri and in-house chip development signal a strategic push into AI infrastructure, pressuring NVIDIA and other GPU vendors to recalibrate their roadmaps. From a market perspective, the shift has intensified scrutiny over AI hardware investment returns, especially amid rising capital expenditure by cloud providers. Regulatory risks are escalating, particularly under U.S.-China tech tensions, forcing companies to navigate supply chain localization and export controls. If NVIDIA fails to sustain its technological edge, it risks losing market share. Over the next 12 to 24 months, the AI chip sector will be driven by both innovation and capital allocation. Apple’s sustained R&D investment may catalyze industry consolidation, while NVIDIA must pivot through ecosystem expansion or cost leadership to retain dominance.