Has AI-driven cost-saving strategies become the winning factor? Apple posts its best monthly performance in over 20 years this July

Golden Ten Data, July 28th｜According to Dow Jones market data, Apple’s stock performance so far in July has outperformed the Nasdaq 100 Index by 23 percentage points, marking its largest monthly outperformance of this tech stock index since 2005. At the same time, Apple’s performance has also significantly exceeded that of the other component stocks in the Big Seven group, as investors increasingly view the company’s restrained AI spending as an advantage rather than a disadvantage. Once heavily criticized for its “slow AI strategy and insufficient investment,” Apple has now become a “safe haven” escaping the AI money-burning trap thanks to extremely disciplined capital expenditure. Analysts point out that the rotation in market cap rankings between Apple and Nvidia indicates a growing skepticism towards capital-intensive AI development in the market.