Apple has become the second company in history worth $5tn. It got there by being the one big-tech giant that refused to bet its balance sheet on AI.
The iPhone maker briefly touched a $5.04tn market value on Tuesday. Shares hit a session high of $342.89 before easing to close at $340.08, just under the mark, CNBC reported. Only Nvidia has been there before, when it crossed $5tn last October.
Apple passed Nvidia a day earlier to reclaim the title of world’s most valuable company. The chipmaker had held that spot since June 2025.
Rewarded for sitting it out
The remarkable part is why.
