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Apple Stock Surges 15% Since June 25, Adding $600 Billion to Market Value Amid AI Spending Doubts

2026-07-13 16:31:28

According to Mark Bronzo, chief investment strategist at Rye Strategic Partners, Apple stock rallied 15% since June 25 and added nearly $600 billion to its market value, returning to record highs. The surge reflects investor concerns over whether massive AI capital expenditures by tech giants will deliver proportional returns, prompting a shift in funds toward Apple, which has stayed conservative in AI infrastructure spending. Over the same period, the Philadelphia Semiconductor Index fell 7% while the S&P 500 rose 3%. Apple's strategy of avoiding the datacenter AI arms race, once viewed as a weakness, has become an advantage in investor eyes.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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