Nvidia briefly surpasses Apple as most valuable company before market close, hitting US$3.53T | The Independent Singapore
Source: The Independent
Published on: 2026-10-10 23:37
NEW YORK: Nvidia briefly surpassed Apple on Friday, Oct 25, becoming the world's most valuable company as its stock soared, fuelled by strong demand for its artificial intelligence (AI) chips. Nvidia's market value reached US$3.53 trillion (S$4.66 trillion), just ahead of Apple's US$3.52 trillion (S$4.65 trillion), according to data from LSEG. According to Reuters, by the end of the day, Nvidia's valuation closed at US$3.47 trillion (S$4.58 trillion), while Apple finished at US$3.52 trillion (S$4.65 trillion) after a slight stock rise. In June this year, Nvidia briefly took the lead as the world's most valuable company but was later overtaken by Microsoft and Apple. For months, these tech giants' values have moved closely. Microsoft's market value currently sits at US$3.18 trillion (S$4.20 trillion), following a 0.8 per cent rise. Nvidia has become a key player in AI technology. It ...
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