From mint · A Ksheerasagar · · 1m 30s
Apple stock rises 28% in 2026 as AI stocks wobble
Apple shares surge 28% in 2026 as investors bet on iPhone maker amid AI stock volatility.
In brief
Apple shares surge 28% in 2026 as investors bet on iPhone maker amid AI stock volatility. Apple stock rose 28% in 2026, outperforming AI stocks as investors seek Big Tech exposure without AI infrastructure risks. Originally reported by mint.
Apple stock surge
Apple shares rose 28% in 2026, outperforming other Magnificent Seven stocks as investors seek Big Tech exposure without AI infrastructure risks.
Bloomberg report
Bloomberg reported Apple’s stock rose 28% in 2026, making it the biggest contributor to the S&P 500 Index’s 12% climb and the best performer among Magnificent Seven tech giants this year.
Why Apple stock rises
Apple avoids massive AI infrastructure spending unlike Microsoft, Amazon, Alphabet, and Meta Platforms, focusing instead on consumer products like the foldable iPhone Duo.
AI stock volatility
The semiconductor index SOX fell over 11% last week, its worst weekly performance since April 2025, as AI infrastructure concerns grow.
Apple’s valuation
Apple trades at 36 times estimated earnings, its highest multiple since January 2008, with revenue growth expected to slow to 9.7% in fiscal 2027 and 5.5% in fiscal 2028.
Investor concerns
Investors worry Apple’s slower growth and elevated valuation could lead to a pullback if AI stocks rebound, potentially dropping toward its 50-day moving average.
What happens next
Apple stock may fall if renewed AI enthusiasm boosts chip stocks, or continue rising if demand for the iPhone Duo remains strong.
The one thing
Apple stock rose 28% in 2026, outperforming AI stocks as investors seek Big Tech exposure without AI infrastructure risks.
