Reported 7 months ago
In the fierce global AI competition, tech giant Apple recently announced the integration of AI into iPhone and other products, sparking anticipation for a new wave of upgrades. Apple's stock price continued its upward trend over the past three months, surpassing Microsoft on Thursday's closing to reclaim the title of the world's largest company by market value. AI, a powerful accelerator in the tech industry, played a significant role as Apple swiftly returned to the top position amidst intense competition. The market is optimistic about AI driving the upgrade cycle, with Apple's stock rising nearly 11% in three days following the unveiling of their 'Apple Intelligence' at a developer conference. The AI-driven future for Apple is seen as practical and cross-platform, setting the stage for further growth and competition in the AI landscape.
Source: YAHOO