Apple Surpasses Nvidia as Most Valuable Company

Apple overtook Nvidia to claim the title of the world's most valuable company on Monday, knocking the chipmaker from the top spot after more than two years. The iPhone maker, which has seen its stock climb 25 percent since the start of the year, held a market capitalization of $4.99 trillion as of m

The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.