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Apple Becomes $3 Trillion Company Again, But Nvidia Steals the Moment

Fans of large numbers will be happy to know that Apple became a $3 trillion company again today based on market cap, which is the total value of...

Nvidia's stock price has more than tripled over the past year amid strong demand for its artificial intelligence (AI) server chips. "There's no hardware slated to be announced at WWDC, unless Apple unexpectedly previews a new device launching later (to be clear: I don't expect that)," said Gurman, in his Power On newsletter today. Apple is planning a major AI overhaul in iOS 18, but some new features are unlikely to work on older iPhones, even if they do appear on the new operating system's device compatibility list.

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