Even though Nvidia is the tech market leader, Apple has surpassed $4 trillion in valuation right after market open after a surge in share prices in October mostly because of positive analyst sentiment over the iPhone 17.

Apple Inc. has made history by becoming the third company in the world to cross a USD 4 trillion market capitalization, equivalent to Rs 353 lakh crore. This valuation now matches India’s GDP, which, according to the IMF, stands at USD 4.13 trillion (Rs 364 lakh crore).

Apple and Microsoft stocks briefly exceeded $4 trillion in market cap. Earnings reports may influence future performance and valuations.

Based on Monday’s closing price, Qorvo has a market capitalization of $8.53 billion compared to Skyworks’ $11.3 billion. Apple accounted for 63% of Skyworks’ revenue and 41% of Qorvo’s.  Last week, Mizuho analyst Vijay Rakesh downgraded shares of Skyworks and Qorvo to ‘Underweight’ from ‘Neutral.

The world's most valuable company - the biggest winner in the AI spending spree - has soared past its rivals in the technology sector. It has struck deals with leading AI companie

The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth,