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Tech firms boost value with AI
Major technology companies, led by firms such as Apple, Samsung, Micron, and Tocalogix, experienced a remarkable increase in their market values during May, driven by expectations of high profits and strong demand for AI chips. Apple added $598 billion to its value, while Samsung increased by $512 billion, Micron by $377 billion, Microsoft by $315 billion, and Nvidia by $276 billion. Meanwhile, Alphabet's value declined by about $60 billion amid fluctuations in the global market.
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