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🔥 NVIDIA Nears $4 Trillion as It Closes In on Apple

NVIDIA is rapidly approaching the historic $4 trillion mark in market capitalization, now hovering around $3.86 trillion. Fueled by relentless demand for its AI chips and dominance in the generative AI ecosystem, NVIDIA has surged past Apple’s previous peak of $3.92 trillion and is now challenging it directly in terms of valuation. Shares recently hit all-time highs near $157, and analysts believe the company could cross the $4 trillion threshold within days if the momentum continues.

Apple, still a titan in the tech world, currently sits at around $3.28 trillion in market value, with shares trading near $210. While Apple continues to lead in consumer hardware and services, it is now heavily investing in AI integration across its ecosystem to keep pace with NVIDIA’s meteoric rise. Its focus on user experience and vertical integration remains a key strength, but the market’s appetite for AI infrastructure is clearly favoring NVIDIA for now.

Meanwhile, chip-equipment manufacturers like Applied Materials and Lam Research are experiencing a different reality. Although the long-term forecast shows global spending on chipmaking gear will double by 2028, short-term concerns such as U.S. export controls and weaker demand outside the AI sector are putting pressure on their stock performance. These companies are essential to the semiconductor supply chain, yet they’re currently overshadowed by NVIDIA’s explosive growth.

The broader takeaway is clear: NVIDIA has become the poster child of the AI era, with investor attention sharply focused on its role in shaping the future of computing. Apple remains strong and influential, but the market is rewarding those at the heart of the AI hardware boom. As the race for tech dominance intensifies, NVIDIA is not just closing in on Apple — it’s redefining who leads the next wave of innovation.