Apple briefly tops $5 trillion market value, becoming second company to hit milestone

3 min readJul 29, 2026 02:29 PM IST Apple has benefited from strong demand for its products as well as ​its decision ​to skip the ongoing AI spending ⁠race. (Express Image/Agencies)Apple’s market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achiev

The iPhone maker became the most valuable company in the world earlier this month, overtaking chip giant Nvidia - which had been at the top since June 2025 and was the first company ever to breach the $5 trillion threshold.

Africa · Western Key Facts —The milestone. Apple briefly crossed $5 trillion in market value during intraday trading on Tuesday 28 July 2026. —The peak. Shares hit $342.89, implying a market capitalisation of roughly $5.036 trillion before pulling back. —Second ever. Only Nvidia had previously reached the $5 trillion m

Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after ​Nvidia.

Apple’s market capitalization briefly surpassed US$5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia.

Apple becomes only the second publicly traded company to reach the milestone, a day after surpassing Nvidia as the most valuable company

The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.

Apple overtook Nvidia to claim the title of the world’s most valuable company on Monday, knocking the chipmaker from the top spot after more than two years. The iPhone maker, which has seen its stock climb 25 percent since the start of the year, held a market capitalization of $4.99 trillion as of midday Tuesday.…

Apple briefly becomes second company ever to notch $5 trillion market value  Reuters

July 28 : Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. Its shares were last up 0.2 per cent at $337.7, giving it a market capitalization of $4.96 trillion. At a session high of $342.89, Apple's m

Apple crossed a market capitalization of $5 trillion for the first time ever during intraday trading on Tuesday. Apple is only the second publicly traded company ever to cross the threshold.