Apple’s AI announcements at WWDC have sent its stock rising and it briefly knocked Microsoft off the top spot on Wednesday.
While Nvidia has become a third player in this game, it’s been chiefly Microsoft and Apple that have vied for the title of most valuable company. Both firms have a market cap of over $3 trillion, and at times during the last year have been within $100 billion of each other.
Microsoft actually edged out Apple to get the top spot on January 11, 2024, only to lose that title two hours later. And then to regain it the next day.
