Nvidia news
On July 17, 2026, NVIDIA’s market capitalization fell to approximately $4.86 trillion, resulting in the company losing its position as the world’s most valuable firm to Apple. The 3.5% decline in share price was driven by a broader technology sell--off and heightened investor scrutiny following the debut of the Kimi--K3 model by Chinese AI developer Moonshot. The release of the high--efficiency model has triggered a reassessment of the long--term demand for NVIDIA's high--cost AI infrastructure among major hyperscale customers.