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Nvidia could soon dethrone Apple as the second-most-valuable global company by market cap.

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Tim Cook
Apple CEO Tim Cook.
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iPhone Shanghai Apple store
Apple iPhone sales are under pressure in China.
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Tim Cook opens an Apple store in Shanghai in March.
Tim Cook opens an Apple store in Shanghai in March.
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Joe Biden speaking at the White House.
The Biden administration may impose additional restrictions on Chinese chip firms linked to Huawei, Bloomberg reported.
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Tim Cook smiling
Apple CEO Tim Cook.
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Apple iPhone 15 family of devices
iPhones are losing appeal in Apple's most important international market.
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Apple CEO Tim Cook attends China Development Forum in 2017
Apple CEO Tim Cook is facing a growing threat in China from rival smartphone makers.
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The Huawei flagship store in Shanghai, China, November 29, 2023.
Huawei's flagship store in Shanghai, China.