Apple just dethroned Nvidia as the world’s most valuable company, hitting nearly $5 trillion in valuation—just shy of $200 billion ahead of its rival. Once criticized for lagging in AI, Apple’s cautious, device-focused AI strategy—powered by smarter, cheaper models—is now looking like a savvy play. Nvidia, still dominating AI infrastructure with a 75% revenue surge, faces growing investor unease over potential self-funding of AI giants like OpenAI. Apple’s revamped Siri and upcoming earnings report on July 30th will be the real litmus test—especially when the market closes July 31st.
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