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Apple Inc. (NASDAQ:AAPL) is drawing renewed investor attention as its lower dependence on large-scale AI infrastructure spending, strong demand for its bonds and expanding China AI rollout strengthen the company’s positioning within Big Tech.

Apple Reclaims $5 Trillion Market Value

Apple reclaimed a $5 trillion market capitalization and overtook NVIDIA Corp. (NASDAQ:NVDA) after Democrats took control of both chambers of Congress, CNBC reported Friday.

CNBC report said tougher data-center restrictions could favor Apple because the company does not rely on massive data-center expansion to support iPhone sales. At the same time, revenue continues to grow at a double-digit pace and capital spending declines.

The report also said hyperscalers could benefit if tighter construction rules raise the value of existing data-center capacity and allow large technology companies to moderate spending and ease cash-flow pressure.

By contrast, NVIDIA could feel the impact earlier if data-center construction slows.

NVIDIA came under more pressure on Monday after CEO Jensen Huang disclosed a romantic relationship with a woman suspected of having ties to Chinese intelligence.

Apple Raises $7.5 Billion In Bond Market

Last Thursday, Apple raised $7.5 billion through a high-grade bond offering that attracted about $31 billion in orders at its peak, Bloomberg reported.

The company plans to use the proceeds for general corporate purposes, including share repurchases.

Bloomberg Intelligence analyst Robert Schiffman said Apple’s return to the bond market appeared “more opportunistic than funding-driven,” adding that shareholder returns remain a greater capital priority for Apple than the heavy AI infrastructure spending facing hyperscaler peers.

Apple Expands AI Rollout In China

According to a Monday Reuters report, Apple registered Apple Intelligence for use on tablets and laptops in China.

The approval follows Chinese regulatory clearance in July to bring Apple Intelligence to iPhones.

Reuters also reported that Apple trained a China-specific large language model with support from Alibaba Group Holding Ltd. (NYSE:BABA).

Alibaba said Chinese users will be able to access Qwen-powered text and image understanding and content-generation capabilities through Siri, writing tools and visual intelligence.

The companies expect those features to roll out to Chinese users in December with iOS 27.3.

AAPL Price Action: Apple shares were up 2.19% at $349.86 at the time of publication on Monday. The stock is trading near its 52-week high of $355.38, according to Benzinga Pro data.

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