Tuesday, 24 December, 2024

Apple Nears $4 Trillion Valuation Amid AI Advancements

Apple is approaching a $4 trillion market capitalization, driven by investor enthusiasm for its AI developments and anticipated iPhone upgrades. The company's stock has risen approximately 16% since early November, adding about $500 billion to its valuation. Analysts expect that AI integration will lead to a significant increase in iPhone demand, contributing to Apple's dominant position in the tech sector.