Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-off

Apple briefly overtook Nvidia as the world's most valuable company with a $4.88 trillion market cap, signaling a shift in how investors price AI

The iPhone maker recently regained its spot as the world’s most valuable company.

Apple becomes the first U.S. company to hit a $5 trillion market cap. Apple largest by August 31 at 49% YES.