Foxconn's second-quarter profit rose 6%, driven by strong demand for AI servers and next-generation computing solutions.
Apple Intelligence
Breaking News
Apple may charge up to $20 for its upcoming AI features from "Apple Intelligence," to boost its services revenue and deepen user engagement as the AI sector becomes more expensive.
Apple’s new AI features, dubbed ‘Apple Intelligence,’ will be delayed until October and won’t debut with the initial iOS 18 and iPadOS 18 releases, allowing extra time for stability improvements.
Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.
Apple's generative AI feature, "Apple Intelligence," is exclusive to iPhone 15 Pro models only, according to analysts. The company is using this strategy to nudge customers with older models to upgrade.
Apple's stock surged over 5% after the company announced its new AI platform, "Apple Intelligence," signaling optimism among investors and analysts.
Apple has announced that it plans to use its own server chips to power its devices with AI features.
