--- title: "AI boom drives Apple's stock price to hit a new all-time high during trading, firmly holding the top spot in market capitalization" type: "News" locale: "en" url: "https://longbridge.com/en/news/216890840.md" description: "Apple's stock price hit a historic high due to the market's optimistic expectations for the AI iPhone, rising 2.7% to $237.49 at one point during the trading day. The market value surpassed $3.6 trillion, firmly holding the top spot in global market capitalization. Over the past six months, Apple's stock price has risen by 37%, far exceeding the 15.5% increase in the Nasdaq 100 index" datetime: "2024-10-15T16:05:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/216890840.md) - [en](https://longbridge.com/en/news/216890840.md) - [zh-HK](https://longbridge.com/zh-HK/news/216890840.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216890840.md) | [繁體中文](https://longbridge.com/zh-HK/news/216890840.md) # AI boom drives Apple's stock price to hit a new all-time high during trading, firmly holding the top spot in market capitalization Apple Inc. shares extended gains on Tuesday, rising to a record high during the session, benefiting from market optimism that the company will benefit from the launch of the artificial intelligence iPhone. The stock rose 2.7% to $237.49 at one point, hitting its first record high since July. This surge solidified Apple's position as the world's largest company, with its market value surpassing $3.6 trillion. While large tech companies broadly rose, Apple's performance was particularly strong. The stock has risen 37% in the past six months, more than double the 15.5% gain of the Nasdaq 100 index ### Related Stocks - [Apple Inc. (AAPL.US)](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research - [The AirPods Max 2 are a great sequel, but not an ambitious one](https://longbridge.com/en/news/281193458.md) - [Park Place Capital Corp Sells 2,031 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/280989201.md) - [UK fines Apple subsidiary $516,000 over Russia sanctions breach](https://longbridge.com/en/news/280985250.md) - [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md) - [Apple will hide your email address from apps and websites, but not cops](https://longbridge.com/en/news/281050452.md)