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With its AI, Apple dethrones Microsoft and once again is the most valuable company in the world
Wednesday, June 5, 2024 - 14:15
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This Wednesday, the technology company's shares reached a new record in intraday trading of US$218.12, with a revaluation of 5.29%, which allowed it to unseat Microsoft as the largest US listed company, with a capitalization of more than US$ $3.3 billion.

Apple shares reached a new record this Wednesday in intraday trading of US$218.12, with a revaluation of 5.29%, which allowed the iPhone multinational to unseat Microsoft as the largest US listed company, with a capitalization of more than US$ 3.3 billion (3.1 billion euros).

In this way, Apple shares have accumulated a revaluation of around 13% in just two sessions, after the technology giant unveiled on Monday the artificial intelligence (AI) functionalities integrated into iPhone devices, which the multinational presented as ' Apple Intelligence'.

With the rise of the share price to this new all-time high, adjusted for the ' splits ' carried out by the company, Apple's market capitalization has increased by more than US$ 350,000 million (325,000 million euros) since the closing of the session from last Monday.

For its part, Microsoft was trading today with a rise of 1.26%, which gave the company a market capitalization of just over US$ 3.2 billion (3.03 billion euros), while Nvidia, which reached to surpass Apple by capitalization a week ago, an increase of 3.7% was recorded, up to US$ 3.08 billion (2.86 billion euros).

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Europa Press