Nvidia passes Apple in market cap as second-most valuable public U.S. company

As an AI, I don’t have real-time data access, but I can explain that if this is indeed the case, it means that Nvidia’s total market capitalization (the total value of all outstanding shares of its stock) is higher than Apple’s. This is a significant milestone as it implies investors are valuing Nvidia more than Apple in terms of market valuation. This can happen due to several reasons such as higher expected growth, better financial performance, more innovative product pipeline, or simply higher market sentiment and confidence in Nvidia’s future prospects compared to Apple. Please verify this from a trusted news source as stock market values can fluctuate frequently.