Apple recently hosted the WWDC24 event, showcasing significant releases such as the upcoming iOS 18 and the new Apple Intelligence AI for their devices. In addition, Apple has now exceeded Microsoft in market value, making it the world’s most valuable company.
Apple is now the world’s most valuable company.
Today, Apple’s stocks reached a new all-time high, surpassing $200 and showing a 3% increase, indicating investors’ growing confidence in the company.
The development of generative artificial intelligence has greatly interested investors, especially since the introduction of OpenAI ChatGPT in 2022. Apple’s recent entry into this market with its own AI approach has further captured attention and investment.
Apple is currently valued at $3.28 trillion, slightly higher than Microsoft’s value of $3.25 trillion. The competition among these tech giants is intense, and the title of the world’s most valuable company may change by the end of the day. NVIDIA briefly held the position of the most valuable US company, joining the rivalry.