According to Fast Technology on July 17, the three major U.S. stock indexes collectively closed higher early this morning, with both the Dow Jones Industrial Average and the S&P 500 setting new all-time closing highs.

Most large tech stocks declined, with NVIDIA, Google, and Meta falling by more than 1%, Netflix and Microsoft experiencing minor drops, Tesla rising by more than 1%, and Apple and Amazon posting modest gains.

Among them, Apple continued to set a new all-time closing high, with a total market value reaching $3.6 trillion.

This achievement is primarily attributed to Apple's consecutive increases in production volumes for the iPhone 16 series, first exceeding 90 million units and recently upped to 95 million, demonstrating strong confidence.

It is reported that within Apple, there is a belief that Apple Intelligence, introduced in iOS 18, will significantly stimulate users' demand for phone upgrades.

Due to the need for powerful AI computing power, only the iPhone 15 Pro and iPhone 15 Pro Max currently support AI. Therefore, users with older iPhone models must upgrade to the iPhone 16 series if they want to experience Apple's AI capabilities.

In response to questions about Apple AI being limited to the iPhone 15 Pro series, Apple stated that this new technology requires significant bandwidth, NPU, and robust device performance to function properly.

There are also requirements for memory, so starting with the iPhone 16 series, Apple will usher in the era of standard 8GB of RAM.