Search





Search





AnalysisStocks

Apple Shares Rise Over 4% to New Record High: Backed by Buffett, China Apple Intelligence Approved for Filing

TradingKey

AuthorAndy Chen

Jul 15, 2026 5:01 PM

AI Podcast

View all comments（0）



Apple shares reached a record $328.53 following the approval of "Apple Intelligence" by Chinese regulators. The integration of Alibaba’s Tongyi Qwen will provide local AI capabilities, bolstered by PrismML’s model compression technology, which enables high-efficiency, on-device operation on newer iPhones. While technical and compliance adjustments for the Chinese market remain ongoing, momentum is supported by Warren Buffett’s continued bullish stance on the stock. Despite a brief, premature release of the beta version, the partnership signals a strategic breakthrough in Apple's AI deployment, maintaining its position as a core holding for Berkshire Hathaway.

AI-generated summary

Tradingkey - Apple ( AAPL) shares hit another record high, peaking at $328.53. As of press time, the stock was up 4.16% to $327.97.

Reportedly, Apple's AI compliance issues in China have finally cleared the most critical regulatory hurdle. On July 15, the Cyberspace Administration of China released a new batch of filings for mobile-side generative artificial intelligence services, with a total of seven AI products approved, including Apple's 'Apple Intelligence'.

apple-aapl-7327c088c6af4bd6a89f5a93d969a0ee

[Source: TradingView]

Alibaba's Tongyi Qwen will be integrated into Apple Intelligence as an AI capability to serve iOS, iPadOS, macOS, and visionOS users in China. Users will be able to directly use Qwen's text and image understanding, content generation, and other functions on Apple devices without switching back and forth between apps.

Meanwhile, yesterday, Silicon Valley AI startup PrismML unveiled a compressed version of Alibaba's Tongyi Qwen model, reducing the original 54GB, 27-billion-parameter large model to under 4GB, allowing it to run fully on iPhone 15 and newer models. This will reduce memory usage by more than 90%, increase inference speed by 6 to 8 times, and cut power consumption by 3 to 6 times.

The move is expected to enable large AI models to run locally on iPhones. Currently, Apple has initiated real-world testing and verification of the technology, focusing on evaluating running speed, energy efficiency, and on-device adaptation. Negotiations between the two sides are still in the early stages, but overall progress is smooth.

It is worth noting that despite passing China's filing list, the product still requires final compliance and technical adjustments before its official launch. According to Bloomberg, the beta version of Apple Intelligence for mainland Chinese iPhone users was briefly available for about an hour before being quickly withdrawn by the company.

In addition, Warren Buffett said in an interview with CNBC that he remains bullish on Berkshire's investment in Apple. He stated that even after news broke that Tim Cook might step down as CEO, Apple remains one of Berkshire Hathaway's largest holdings and one of Buffett's favorite stocks.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

View Original

Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Fed Beige Book: 11 Districts Economy Expanded Modestly: Tariffs and Geopolitical Conflicts Push Up Supply Chain Costs, Consumption Downgrading Sweeps Multiple Districts

TradingKey - The latest Federal Reserve Beige Book shows that the U.S. economy continued to expand at a "slight to modest" pace from late May through June, with 11 out of 12 districts reporting growth, a performance slightly better than the previous period. On the macroeconomic front, the Beige Book indicated that the U.S. economy maintained a steady tone during the reporting period. Several districts reported that robust data center construction and machinery demand directly drove modest expansion in the manufacturing and construction sectors. In districts like San Francisco, while companies have reduced hiring, they are further directing capital into the AI field.

Anthropic Reportedly Plans IPO Investor Meeting, Could List as Soon as This October

TradingKey - According to Bloomberg, citing people familiar with the matter, Anthropic is moving forward with preparations for a mega IPO, with a potential listing as early as this October. Lead investment banks for the offering have begun arranging investor meetings for the coming weeks, and the company has previously submitted a confidential IPO filing.

Intel Slumps Over 5%, $100 Level at Risk: BofA Warns Its Server CPU Share Will Be Cut in Half

TradingKey - On July 15, Eastern Time, Intel (INTC) shares are approaching the $100 mark; as of press time, the stock was down 5.55% at $101.78. On the news front, Intel has made significant progress in its next-generation process technologies, including 18A and 14A. The yield for Intel's 18A process has increased from 65% in the previous quarter to 85%, second only to the 90% yield of TSMC’s N2 process. However, a research report from BofA Securities shows that although server CPU demand remains strong in 2026, Intel's market share is expected to drop from 41% to 24% amid a new round of competition in the server CPU market.

PayPal (PYPL) Stock Forecast: Stripe and Advent Bid $60.50; Is $61.65 the Next Target?

TradingKey - Stripe and Advent International offered $60.50 per share for PayPal on July 15, valuing it at over $53 billion. PYPL surged 21% to $57. The bid price is $60.50, with $61.66 as the technical target. PayPal’s board has not accepted. Here’s what traders need to know.

Microsoft Rises Over 3% Approaching $400: Partners With 3M to Deploy EBO Fiber Optics, Defies Software Stock Pullback Dragged Down by IBM

Tradingkey - On July 15, Eastern Time, Microsoft (MSFT) shares saw a strong rebound in early trading. As of press time, the stock rose 3.2% to $397.26, approaching the $400 milestone. Microsoft and 3M (MMM) have announced a strategic partnership focusing on artificial intelligence data center infrastructure and enterprise transformation. According to the statement, Microsoft's Azure cloud platform and AI infrastructure will be the first hyperscale cloud provider to deploy 3M's Expanded Beam Optical (EBO) technology. 3M will also leverage Microsoft's AI and digital platforms to drive enterprise transformation across its key business functions.

Featured Tools