Nvidia regains title of largest company in the world

Nvidia is back on top. The GPU giant’s market capitalization has once again surpassed Apple’s, reclaiming its position as the most valuable public company on the planet. A month of trading places The back-and-forth started on July 17, when Apple momentarily seized the crown with an estimated market cap of roughly $4.88 trillion compared to Nvidia’s $4.86 trillion. That marked Apple’s first time atop the rankings since April 2025. Then on July 27, Apple widened its lead after Nvidia shares dropped approximately 5% in a single session. Apple closed that day as the world’s most valuable firm with a valuation estimated between $4.9 and $4.95 trillion. As of late July, Nvidia’s market cap sat around $4.72 trillion, and the company has now pushed back ahead of Apple to reclaim the top ranking. How Nvidia got here Nvidia first became the world’s most valuable company by overtaking Microsoft back in June 2025, riding an unprecedented wave of demand for its graphics processing units. By October 2025, Nvidia became the first company in history to hit a $5 trillion market cap. Nvidia’s GPUs historically played a central role in cryptocurrency mining operations. When Ethereum moved to proof-of...