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Apple and Nvidia trade the top market-cap spot, taking opposite AI paths

CNN Business ·

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  1. 1Apple (AAPL) briefly reclaimed the world's No. 1 market cap early this week, but Nvidia (NVDA) took it back within days following Apple's Thursday earnings release
  2. 2Apple beat expectations with total revenue up 16% year-over-year and iPhone sales up 22%, yet its stock fell more than 6% in after-hours trading Thursday
  3. 3Apple is pouring billions into data-center builds and leaning on iPhones, while Nvidia pursues the opposite path with its AI chips

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