ReferIndia News Apple overtakes Nvidia as world's most valuable company amid chip selloff

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Apple overtakes Nvidia as world's most valuable company amid chip selloff

Published on: July 17, 2026, 7:36 p.m. | Source: Livemint

Nvidia lost its title as the world's most valuable company to Apple after a selloff in semiconductor stocks. Nvidia shares fell 3.7%, while Apple's rose 0.4%, raising its market cap to $4.9 trillion amidst concerns over emerging AI competition from Chinese startups.

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