Apple's market value edged past Nvidia's as concerns over returns from heavy AI infrastructure spending weighed on technology stocks, while the iPhone maker's shares have gained 27 per cent in 2026. By Jeran Wittenstein and Ryan Vlastelica Apple Inc. reclaimed the title of world’s most valuable company on Friday, taking the mantle from Nvidia Corp. as investors seek the perceived safety of the iPhone maker amid concerns about artificial intelligence spending.