- Apple and Nvidia have reached major market milestones, reflecting the growing dominance of consumer electronics and artificial intelligence in the global tech industry.
Apple’s $4 Trillion Milestone
- Apple’s market value briefly crossed $4 trillion for the first time after its shares hit $269.89 , closing at $3.992 trillion . The surge was driven by strong global demand for the iPhone 17 series and the ultra-slim iPhone Air , with sales up 14% year-on-year in key markets like the U.S., China, and India. Despite tariff challenges, Apple maintained profitability through its robust product ecosystem.
Nvidia’s AI-Driven Growth
- Nvidia’s valuation climbed to $4.89 trillion , nearing the $5 trillion mark, after a 5% surge in stock value. The rise followed the announcement of $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. Department of Energy using its Blackwell processors . Nvidia remains the global leader in AI hardware, powering both commercial and government infrastructure.
Exam-Oriented Facts
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Apple became the third company to cross $4 trillion, after Nvidia and Microsoft.
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Nvidia is on track to be the first $5 trillion company .
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Apple’s iPhone 17 sales grew 14% year-on-year.
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Nvidia’s AI chip orders total $500 billion ; seven U.S. supercomputers under construction.
Market Outlook
While Nvidia leads in AI expansion, Apple’s cautious approach to integrating AI features, such as its upcoming Apple Intelligence suite , has raised investor questions. Still, Apple’s strong hardware base ensures stability as both companies redefine global technology valuations.
Month: Current Affairs - October 29, 2025
Category: Business & Economy