Reported about 1 year ago
FTNN News Network reported on June 12, 2024, that Apple's announcement of the new AI technology 'Apple Intelligence' at the Worldwide Developers Conference (WWDC) caused a surge in market interest. As a result, Apple's stock price soared over 7%, increasing its market value by $215 billion and reclaiming the global market value second only to Nvidia. Following this, Largan Precision (3008) and Genius Electronic Optical (3406) saw significant increases in stock value, with Largan Precision rising by 6.55% and Genius Electronic Optical by 8.44%. Analysts predict that Genius Electronic Optical might gain orders for periscope lenses in the rumored iPhone 16 series, potentially bringing new momentum to the company. Largan Precision is expected to benefit from AI integration in mobile phones and upgrades in lens technology.
Source: YAHOO