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Key Stats for Apple Stock Price change for Apple stock: 1% $AAPL Share Price as of May. 22: $309 52-Week High: $311 $AAPL Stock Price Target: $309 Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>> What Happened? Apple (AAPL) stock could be under pressure after Chinese tech giant Huawei announced a major semiconductor breakthrough

SHANGHAI — Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China. Huawei said it developed a new engineering approach called “LogicFolding” to manufacture its Kirin smartphone chips this fall. That breakthrough comes as Nvidia faces U.S. export restrictions in China and App