Apple's market value is about to surpass the $4 trillion mark, thanks to investors' high expectations for its artificial intelligence technology. Since the beginning of November, Apple's stock price has risen by approximately 16%, adding about $500 billion to its market value, surpassing competitors like Nvidia and Microsoft.
In June of this year, Apple announced the integration of generative AI technology into its applications and began incorporating OpenAI's ChatGPT into its devices in early December.
Analysts at Maxim Group noted that the rise in Apple's stock price reflects market expectations that AI technology could trigger an iPhone upgrade cycle. Despite recent weak demand for iPhones, analysts anticipate a rebound in iPhone revenue by 2025 as features and geographic coverage expand.
Key Points:
💹 Apple's market value is about to exceed $4 trillion, with a 16% increase in stock price.
🤖 Investors expect AI technology to drive the iPhone upgrade cycle.
📈 Analysts predict a rebound in iPhone revenue by 2025.
