How Apple defied the tech stocks' rout as AI spending fears hit rivals
Core Viewpoint - Tech stocks are facing challenges due to concerns over excessive spending on artificial intelligence and a significant selloff in software and semiconductor sectors, while Apple stands out as a strong performer, gaining renewed investor interest [1] Group 1: Industry Overview - The technology sector is experiencing a downturn, particularly in software and semiconductor stocks, driven by fears of overspending on AI [1] Group 2: Company Performance - Apple has managed to outperform its peers in the tech sector, attracting increased interest from investors despite the overall market decline [1]