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Apple joins Microsoft and NVIDIA
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Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
Apple has begun shipping American-made artificial intelligence servers from a newly built factory in Houston, beating its 2026 target. The
The Apple Inc. executive leading an effort to develop AI-driven web search is stepping down, marking the latest in a string of high-profile exits from the company’s artificial intelligence division.
Apple shares clocked their best quarterly gain in more than two years in the July-September period, rising 24%. The iPhone maker also became just the third company to hit $4 trillion in market value on Tuesday, but its stock still trails other members of "Magnificent Seven" for the year, for being an AI laggard.
Apple has quietly launched operations at its new Houston AI server plant, months ahead of schedule. The company said it is still ramping up and creating thousands of jobs.
Apple stock is trading near its all-time high. Yet it has underperformed most of the other Magnificent 7 stocks this year.
Microsoft's Copilot is already helping generate billions in revenue, while Apple is in the midst of enhancing its iPhones with new AI features.
Another thing you don’t see is a new chip inside. The S10 is basically the same chip used in the previous model. Also identical are the W3 Apple Wireless chip and the Ultra-Wideband chip used in the devices.
Apple Intelligence’s visual intelligence feature helps you learn more about or interact with anything you see through the iPhone’s camera or on its screen. It’s quicker to access than dedicated apps,
Warren Buffett has sold a significant amount of Apple stock in recent years, but he recently started a position in healthcare giant UnitedHealth Group.
Apple briefly hit a $4 trillion valuation driven by strong iPhone demand and renewed investor optimism, joining Nvidia and Microsoft in the elite club despite lingering concerns over its AI strategy.