The last two months have not been kind to any US stock, with geopolitical uncertainty weighing heavily on the market. However, things are expected to turn around as some of the largest companies in the world adjust accordingly. Among them is Apple (AAPL), whose AI shift and tariff relief moves have the stock inching ever closer to the $300 mark.

Apple, like all of Wall Street’s mega-cap stocks, has struggled to find any kind of momentum so far this year. It may not have struggled as much as Tesla (TSLA) has, with the EV manufacturer looking to avoid its 10th straight weekly loss, but it has certainly failed to live up to the sky-high expectations it had entering the year. However, that looks to be changing in a critical March.

Also Read: Apple (AAPL) Shifts Spending Amid $1B Loss as Stock Eyes $300

Apple Looks $300 Bound as Two Key Moves Can Have Stock Set to Turnaround

There are few brands that have the kind of gravitas that Apple does. The iPhone developer has completely reshaped the consumer technology retail market for the last decade. Moreover, those moves have seen it take the position as the leading company by market cap. Indeed, it has become the first to reach a $2 trillion and $3 trillion value, respectively.

That was expected to continue this year, with the company looking to compete in the race to $4 trillion. However, things took a turn when the market veered amid economic frailty and a brewing trade war. While things look to be ironing out now, Apple (AAPL) is looking to build on its AI shift and tariff relief moves to propel the stock to the critical $300 level.

Also Read: Apple (AAPL) Enters AI Data Center Game With $1B Move: Stock to $325?

The company made a massive change in an effort to continue keeping up with a rampant AI arms race. The company had been challenged for fumbling the emerging technology. Yet, it’s now looking to make things right, as it is committed to spending $1 billion on Nvidia servers, joining the data center race.

Additionally, the company has officially been courted by China. The second largest economy in the world, the iPhone creator has struggled to penetrate the market. Yet, the country has sought to welcome the brand with interests in changing that. Specifically, they are looking to counter impending tariff threats from the Trump Administration, a move that could, in turn, help Apple.

Altogether, both moves could have the stock poised to surge. Currently, the tech firm has a median price target of $255, according to CNN data. Moreover, its high-end projection sits at $355, showcasing a 45% upside for the stock.