U.S. stocks move: Apple (AAPL.US) rises nearly 3% in early trading on reports of seeking acquisition of artificial intelligence chip business

Zhihu Finance APP reported that on Wednesday, Apple (AAPL.US) rose nearly 3% in early trading, reaching a new all-time high and is now trading at $324.11. According to reports, on July 15, the Cyberspace Administration of China released a new list of generative AI services for mobile devices that have been approved for filing, with a total of seven AI products approved. Among them, “Apple Intelligence,” submitted by Apple Technology Development (Shanghai) Co., Ltd., officially passed the filing on July 8 and is intended for use on Apple phones. This marks that Apple has finally overcome the most critical regulatory hurdle regarding AI compliance in China, bringing the Chinese version of Apple Intelligence one step closer to official launch.