Apple Reclaims Global Market Cap Top Spot with $4.948 Trillion Valuation on July 27

According to Kookmin Ilbo, on July 27, Apple reclaimed the world's number-one market capitalization position with a valuation of $4.948 trillion, as its stock rose 1.17% to $336.91. This marks the first time Apple has held the top position since April 2025. Meanwhile, Nvidia's shares fell approximately 5%, dropping the AI chipmaker to second place.

The shift reflects a market pivot from aggressive AI investment strategies. While major tech companies including Nvidia, Microsoft, Google's Alphabet, and Amazon have pursued massive capital expenditure on AI infrastructure, Apple's more cautious approach to AI spending has positioned it as a stable investment amid rising volatility in AI-related stocks.