Apple Stock Rises Amid Trade-Secret Fight with OpenAI

Apple's stock price surged nearly 2.5% to $324.71 on Tuesday as its trade-secret dispute with OpenAI escalated in federal court.

The tech giant is claiming that two former engineers accessed internal files after leaving, while OpenAI denies obtaining Apple's trade secrets and blames the issue on Apple's own document controls and employee-departure procedures.

Around 400 Apple employees have joined OpenAI since the departure of those two engineers, including some who worked in hardware operations. This talent drain has raised concerns about Apple losing specialized expertise to its AI rival.