Apple officially entered the prolific artificial intelligence race with WWDC 2024, which started on Monday. Company, “Apple Intelligencehas announced that it will add dozens of artificial intelligence features to iPhone, iPad and Mac devices. He also stated that he will collaborate with OpenAI and integrate ChatGPT into Siri.

Apple’s artificial intelligence announcements initially did not have a good effect on the stock. So much so that we shared with you in a news item yesterday: the shares hard fall We saw that he was alive. However, this situation did not last long and the shares started to fly again.

Apple shares rose about 7%

During yesterday’s decline, Apple (AAPL) shares fell to $192. However, after some time passed following the artificial intelligence announcements, it started to rise again. So much so that it increased by about 7% in one day It rose to a level of $207. At the time of writing this news, the stock is trading at $207.12.

Naturally, the increase in shares was also reflected in the market value of the company. The decline caused Apple to drop to 3rd place, behind NVIDIA. He came second again. current value $3.17 trillion. Microsoft, which ranks first, is valued at $3.21 trillion. It wouldn’t be wrong to point out that Apple is getting closer to Microsoft and if things continue to go well, it could be back at the top.

Apple’s numerous announcements in the field of artificial intelligence did not initially receive a good response from investors due to yesterday’s hustle and bustle. But Wall Street is probably just beginning to understand how broad the possibilities are. It can be said that this has a positive impact on the shares.

For Apple’s artificial intelligence announcements: