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Apple Surges 15% Since June 25, Gains Nearly $600 Billion as Data Center Caution Pays Off

2026-07-13 13:49:21

According to Bloomberg, Apple's stock has surged 15% since June 25 and touched record highs, adding nearly $600 billion in market value. The rebound reflects investor concerns about whether massive AI infrastructure spending by competitors will generate adequate returns. Apple's decision not to compete in the data center "arms race" is increasingly viewed as an advantage rather than a weakness, despite earlier disappointments with its AI products.

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