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Apple Shares Hit Record $203, Climb 6% After AI Announcement

Jun 11, 2024, 06:27 PM

Apple shares surged to a record high of $203 on Tuesday after the company unveiled new artificial intelligence (AI) features. The announcement included enhancements to Siri and the integration of ChatGPT, which are expected to boost the appeal of Apple's devices, including the iPhone. The market responded positively, with Apple shares climbing 6% following the announcement. This innovation has prompted investors to bet on Apple's AI future and consider upgrading to the latest iPhones, promising a sales boost.