Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-15T20:48:03+00:00
Apple shares climbed to a fresh record Wednesday in the wake of reports the iPhone maker is considering buying an AI chip company. The stock has been on a roll lately amid hopes new releases and AI updates later this year could drive more gains. The possibility that Apple could add an AI chip company to its portfolio sent its stock to fresh highs. Shares of Apple (AAPL) climbed 4% Wednesday, closing above $327 to top a record setearlier this week.The Informationreported Wednesday that the iPhone maker is on the hunt to buy a chip company that can help it realize its AI ambitions. The stock was one of the top performers in the S&P 500 as stocks rose broadly. Apple has approached several chip startups about a buyout after facing challenges with its in-house AI servers, according to the repo
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.