Apple's Market Value Approaches $4 Trillion as AI Projections Drive Stock Price Surge

As Apple's stock price surges to a new record, the company is set to break through the $4 trillion mark in market value. Since November, the company's stock price has risen by around 16%, with a $500 billion increase in market value, solidifying its position ahead of rival companies such as NVIDIA and Microsoft.

Investors are upbeat about Apple's upcoming AI features, expecting a new wave of iPhone upgrades. Although Apple is relatively new to the AI market, the company has started integrating ChatGPT into its devices and plans to incorporate generative AI technology across its entire app suite. Morgan Stanley analysts predict that as Apple's AI capabilities expand, iPhone demand will see an improvement.

[Source: Reuters](https://ca.finance.yahoo.com/news/apple-approaches-4-trillion-valuation-134235466.html)

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