Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited Artificial Intelligence (AI) enhancements to rejuvenate sluggish iPhone sales, according to reports on Tuesday.
The company has pulled ahead of Nvidia in the race to the monumental milestone, thanks to an about 16 per cent jump in shares since early November that has added about $500 billion to its market capitalisation.
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