Nvidia Holds Global Market Cap Lead Over Apple at $4.91 Trillion on July 17

On July 17 (Friday), according to Dow Jones Market Data, Nvidia narrowly retained its position as the world's most valuable company with a market cap of $4.91 trillion, after Apple briefly surpassed it during intraday trading. Nvidia closed down 2.21% at $202.81 per share, while Apple rose 0.14% to $333.74, with a market cap of $4.90 trillion. Apple reached an intraday high of $334.99, marking a 52-week peak.

Nvidia has maintained the global market cap leader position for 266 consecutive trading days since surpassing Microsoft last June. Despite semiconductor sector weakness—the Philadelphia Semiconductor Index fell 1.6% Friday—Nvidia has gained over 1% this month and about 9% year-to-date, outperforming most chip peers.