Which is worth more: a company that’s sitting out Big Tech’s mega AI spending spree or a company that’s fueling it?
Apple makes the phones and computers that billions of people use to access AI chatbots and agents. But it’s been accused of falling behind in AI, and its core business might have fewer growth opportunities than a rapidly advancing new technology.
Meanwhile, Nvidia makes the chips and developer tools that power AI. It’s essential to the technology’s future – and more vulnerable to the uncertainty that comes with it.
Nvidia became the first company to hit $5 trillion in market capitalization in October, just months after it reached $4 trillion last July.
But this month, Apple became the world’s most valuable company, surpassing the chipmaker.
