Apple is gearing up to ship an impressive 90 million to 100 million units of the iPhone 16 series, with high hopes for a successful year ahead. The tech giant has enlisted TSMC to produce A18 chips using its advanced second-gen 3nm process node (N3E) to power these new devices.

Last year, Apple faced stiff competition in China from Huawei, who made a remarkable comeback with its Mate 60 flagship series. Despite U.S. sanctions limiting access to cutting-edge technology, Huawei managed to secure 7nm Kirin 9000s 5G processors from SMIC, China’s largest foundry. This move allowed Huawei to capture the market and make waves with its latest offerings.

The excitement around Apple’s upcoming iPhone models has already had a positive impact on the company’s stock price, reaching an all-time high of $232.74 and reclaiming the title of the most valuable public U.S. company with a market capitalization of $3.56 trillion.

The new iPhone models set to launch in 2024 will introduce groundbreaking AI features designed to enhance user experience and performance. These features will be supported on the iPhone 15 Pro and iPhone 15 Pro Max, setting them apart from their non-Pro counterparts. Users looking to take advantage of Apple Intelligence will need devices equipped with at least 8GB of DRAM, making the iPhone 16 series models ideal for running these cutting-edge technologies.

With all six models in the upcoming iPhone series boasting 8GB of DRAM, users can expect seamless integration of AI capabilities into their daily routines. Whether upgrading from previous models or waiting for the latest release, Apple enthusiasts can look forward to an enhanced user experience like never before.