Apple hits $4 trillion milestone; Nvidia nears $5 trillion

Apple joined Nvidia and Microsoft to become the third company to break through the $4 trillion market value milestone.

Apple on Tuesday became only the third company to break through the $4 trillion market value milestone.

Apple shares rose fractionally in early trading, just enough to briefly push the company’s value above the historic level. It ended the trading day at $3.99 trillion.

Nvidia and Microsoft crossed the $4 trillion threshold in July. Nvidia’s market valuation has grown even more since then, hitting $4.88 trillion as of Tuesday's close.

Microsoft's value rose above the benchmark again Tuesday, at $4.03 trillion, driven by news that the Windows software maker's stake in OpenAI would be worth $135 billion.

Apple has lagged several of its Big Tech peers this year, with fears that its artificial intelligence efforts are coming up short. Apple has gained just 7.5% in 2025, well behind Nvidia’s 50%, Alphabet’s 42% and Meta Platforms’ 28%. For the year, the broad-based S&P 500 has risen 18%.