Nvidia Just Slipped Below $5 Trillion. These Are the Few Companies With a Realistic Shot at Catching It.

Nvidia has slipped below $5 trillion in market value but remains the world's most valuable company. Three competitors—Alphabet, Apple, and Microsoft—are positioned as potential challengers, though each would need specific favorable conditions and years of strong growth to overtake the AI chip leader. Apple is considered the most plausible near-term contender given its size, surging iPhone business, and upcoming AI initiatives.