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Apple overtakes Nvidia with ~$5 trillion market cap as Wall Street rewards AI restraint
Apple has reclaimed the title of the world's most valuable company, surpassing Nvidia with a market capitalisation of around $5 trillion. Investors are increasingly rewarding Apple's restrained approach to AI infrastructure spending, which stands in contrast to the heavy capital outlays of rivals. The shift reflects a broader reassessment of AI investment strategies on Wall Street.
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