Microsoft Topples Apple to Become Global Market Cap Leader

Microsoft Topples Apple to Become Global Market Cap Leader
Microsoft logo on the smartphone in front of displayed Apple logo on July 26, 2021. Dado Ruvic/Illustration/Reuters
Reuters
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Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered increasing investor favor.

The tech giant, which along with Nvidia and Amazon placed a significant emphasis on AI, has experienced substantial market surges over the past year. Notably, Microsoft’s market value has risen by over $1 trillion.