How Apple overtook Nvidia without joining the AI spending race

Last Updated: Jul 30 2026 | 8:26 PM IST

Apple has overtaken Nvidia to become the world's most valuable listed company again. But this isn't just a story about stock prices. It's a story of two very different AI strategies: one betting billions on AI infrastructure, the other betting on its ecosystem. Here's why investors are backing Apple, and what it means for the future of AI.

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