Apple now within striking distance of Nvidia in market cap

Apple is just a few percentage points away from overtaking Nvidia as the world’s most valuable company, thanks in part to Google. Whether that will hold is another story. Here’s what’s happening.

Apple’s delayed push into AI pays off for now

Since early 2023, Nvidia’s stock has skyrocketed more than 1,000%, thanks mainly to its unique position as the AI market’s leading hardware provider.

This allowed Nvidia to close in on Apple and Microsoft early last year, and…