Apple has regained its status as the world's most valuable company, surpassing Nvidia

Apple surpassed Nvidia in market capitalization during trading on Friday, July 17, and regained its status as the world's most valuable company, according to CNBC.

Nvidia shares fell more than 3% amid a sell-off in chipmakers, and its market capitalization dropped to $4.84 trillion. Apple shares jumped 0.5% at the open but then lost that small gain and are now trading down 0.6%.

This news story is being updated.

This article was AI-translated and verified by a human editor