The Zhitong Finance App learned that on Monday, while AI technology stocks were falling, Apple (AAPL.US) bucked the trend and rose more than 2% to 322.37 US dollars/share, a new record high, with a total market value of 4.74 trillion US dollars. Investors are turning back to Apple as concerns about AI spending are dragging down the stocks of chipmakers and cloud computing giants. The stock's reversal reflects growing unease about whether high AI spending will pay off, and Apple's decision not to participate in the data center arms race is increasingly being viewed as an asset rather than a liability, even though its AI products have repeatedly frustrated investors.

Mark Bronzo, chief investment strategist at Rye Strategic Partners, said, “There is a game going on in the market, and right now Apple is benefiting from it because it is not involved in the storm at other AI exchanges.” “People are worried about how hyperscale companies can reap the rewards of their AI spending, and there are also people who think the semiconductor sector has grown too much. As a result, investors are flocking back to Apple, seeing it as a sound option to avoid these risks.”

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