Apple’s market valuation has reached $5 trillion, putting it ahead of Nvidia in global market capitalisation. The move marks Apple’s first return above Nvidia since it briefly held the lead in late July.
A return to the lead
Apple shares have risen 27% so far in 2026. The latest valuation puts the company back ahead of Nvidia after the earlier, short-lived change in their rankings.
What the valuation measures
Market capitalisation measures the combined value of a company’s outstanding shares. Apple’s $5 trillion figure refers to that stock-market measure.
