Apple Seen Overtaking Nvidia's $5 Trillion Value on 24% China iPhone Sales
Updated
Updated · The Motley Fool · Jul 16
Apple Seen Overtaking Nvidia's $5 Trillion Value on 24% China iPhone Sales
3 articles · Updated · The Motley Fool · Jul 16
Summary
Apple is predicted to reclaim the market-cap lead from Nvidia, whose valuation crossed $5 trillion in October 2025, as the iPhone maker gains momentum in 2026.
24% year-over-year iPhone sales growth in China underpins that call after Apple held prices steady while Android rivals raised prices amid soaring DRAM and NAND costs.
Chinese regulators this week approved Apple Intelligence for iPhones after a two-year licensing process, with Apple partnering locally with Alibaba and Baidu.
Apple shares are up 20% in 2026 versus the S&P 500's 10%, and China—about 18% of Apple sales—could further lift services and device demand as its installed base expands.