Apple is trading 4.8% up now at ARS 25,660.00, outpacing a weak tech sector following news that Chinese regulators formally registered Apple Intelligence for local iPhone use.
- The company is partnering with Alibaba and Baidu to ensure compliance with local AI regulations, significantly strengthening its growth narrative in the region.
- The stock is outperforming the broader technology sector, which is currently facing profit-taking, as investors pivot toward fresh optimism regarding Apple's AI integration.