Apple Overtakes Nvidia as Most Valuable Company, Avoiding "Capex Pitfalls" The tech world was abuzz last week as Apple reclaimed its title as the world's most valuable public company, surpassing Nvidia in a move that caught many by surprise.
Apple's market capitalization is now around $4. 94 trillion. Apple's restrained approach to capital expenditures has been a key factor in its success.
Unlike some of its peers, such as Alphabet and Tesla, which have seen their stocks fall following increased spending on AI infrastructure and robotics, Apple has opted for a measured approach.