Apple reclaimed the title of the world's most valuable company on Friday, overtaking Nvidia as investors grew more confident in its AI strategy.
Shares of Nvidia were down as much as four percent as worries about the valuation of artificial intelligence equities dogged the market, giving the company a valuation of about $4.8 trillion (€4.2 trillion), slightly below Apple's $4.9 trillion (€4.3 trillion).