Apple closes last week at $5.03tn as Nvidia falls 4.2%

Apple ended last week at $5.03 trillion in market value, ahead of Nvidia at $4.93 trillion, as AI spending worries deepened a broader tech selloff.

Apple closed last week with a market value of $5.03 trillion, reclaiming the top spot among listed companies.

Nvidia’s valuation stood at $4.93 trillion after its shares fell 4.2%; Apple stock slipped 1.2%.

Apple shares are up 27% this year and 3% over the past month; Nvidia is down 10% over the month.

Investors are focusing on AI infrastructure costs, cash generation and when AI spending will deliver returns.

Updates from Intel and Amazon added to questions about heavy AI investment, deepening the tech selloff.

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