Nvidia is once again the most valuable U.S. company, outranking Apple for the first time since late November. The chip maker ended Tuesday with a market capitalization of $3.449 trillion, according to Dow Jones Market Data.

Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration. The absence of Nvidia CEO Jensen Huang at the inauguration Monday stuck out as Big Tech CEOs thronged to the event.

The AI chipmaker ( NVDA) overtook Apple in market cap in early November, before Apple shifted back to the top spot later in that month. Apple ( AAPL) shares hit an all-time high of $260.10 on Dec. 26 but have since lost ~15%.

Putting valuations on publicly traded companies is tricky because so much is tied to stock prices -- and stock prices are influenced by many things a company can't control, such as the economy,

Apple is once again the world’s most valuable brand. Brand Finance, the world’s leading brand valuation consultancy, values Apple’s brand at USD574.5 billion for 2025, keeping it ahead of its closest rival,

Nvidia reclaimed the top spot in global market value as surging GPU demand propelled its market cap to $3.46 trillion