Nvidia dethrones Apple as world’s most valuable company

Nvidia has toppled Apple as the world’s most valuable company after Apple signalled to investors that it may never match the profitability of its flagship iPhone in future products. Chip designer Nvidia hit a market capitalisation of $3.43t (£2.66t) at close yesterday after the stock rose nearly three per cent, nudging Apple’s $3.38t (£2.62t) into [...]