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Apple Rallies 15% as Investors Escape AI Spending Storm

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Investors are rotating back to Apple as a safe haven amid rising concerns over massive, unproven AI capital expenditures weighing on rival megacap tech giants and chipmakers.
  • Apple's limited exposure to data center spending and upcoming foldable iPhone catalyst are driving the stock back toward record highs.
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AAPL price history

332.27 +20.75% over the displayed period

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