Apple becomes second $5tn company as investors flee AI stocks
- Apple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off.
- The iPhone maker’s shares hit a session high of $342.89 on Tuesday, giving it a market capitalisation of $5.04tn (£3.78tn), then eased back down to $340.08 – around the $5tn mark.
- Apple became the world’s most valuable company earlier this month, overtaking the chip giant Nvidia, which had been at the top since June 2025 and became the first company to breach the $5tn threshold last October.
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- Apple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off.
- The iPhone maker’s shares hit a session high of $342.89 on Tuesday, giving it a market capitalisation of $5.04tn (£3.78tn), then eased back down to $340.08 – around the $5tn mark.
- Apple became the world’s most valuable company earlier this month, overtaking the chip giant Nvidia, which had been at the top since June 2025 and became the first company to breach the $5tn threshold last October.
Sources: Guardian