Nvidia back to challenge Apple as world’s most-valuable company; analysts see ‘Prisoner’s Dilemma’ of IT companies behind the rally
Nvidia’s stock has surged, nearing record highs and positioning it to potentially overtake Apple as the world’s most valuable company. Driven by intense AI competition among tech giants, Nvidia’s market cap has reached $3.4 trillion, just behind Apple’s $3.5 trillion. Analysts remain optimistic, setting a price target of $165.