‘AI wings’ Apple, returns to the top of market cap in 5 months

“Apple, which disclosed plans to introduce generative artificial intelligence, has regained the top spot in the U.S. stock market in just five months since January. On the 13th local time, Apple’s stock price closed at $214.24, up 0.55% from the previous day on the New York Stock Exchange. Following Apple’s announcement on the 10th that it plans to apply its AI system ‘Apple Intelligence’ to all its devices including the iPhone and iPad, the stock price continued to rise for the third consecutive day. Its market capitalization also surged to $3.285 trillion, surpassing Microsoft by a small margin to reclaim the title of the world’s most valuable company. Kang Jae-eun, Reporter (fairydust@yna.co.kr) #Apple #StockMarket #ArtificialIntelligence #Nasdaq Contact for news tips and inquiries: KakaoTalk/Line jebo23”