New Delhi, July 28 -- Apple on Monday surpassed Nvidia to become the world's most valuable company for the first time since April 2025.

NVIDIA has been the world's most valuable company since June 2025, when it overtook Microsoft. Its market value also briefly crossed $5 trillion in October.

On Monday, Nvidia shares fell by 5%, leading the chipmaker's valuation to drop to $4.77 trillion as investors are growing concerned about the enormous spending required to build out AI infrastructure. The AI chip sector is under tremendous pressure in general. Meanwhile, Apple shares rose 1%, pushing its market value to $4.95 trillion, ahead of the company's highly anticipated earnings on Thursday.

So far in 2026, Nvidia's shares have only climbed ...