WS #12338
Apple briefly regained top market cap position from Nvidia as investors reassess AI trade, with Apple's relative underperformance in AI being viewed as a potential value play. Meta's $145B capex and 'Meta Compute' challenge to AWS/Azure signals aggressive AI infrastructure build, bullish for META and AI sector.
Apple Overtakes Nvidia in Market Cap
Apple briefly regained top market cap position from Nvidia as investors reassess AI trade, with Apple's relative underperformance in AI being viewed as a potential value play.
Meta's $145B capex and 'Meta Compute' challenge to AWS/Azure signals aggressive AI infrastructure build, bullish for META and AI sector.