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[ARTICLE · art-40874] src=independent.co.uk ↗ pub= topic=ai-chips verified=true sentiment=↓ negative

Why Apple shares have slumped – wiping billions from its market value

Apple shares fell 6.1% in their worst single-day drop in over a year, wiping out about $270 billion in market value after the company raised prices on MacBook and iPad models due to rising memory and storage costs from an AI-driven chip shortage. The decline dragged down other tech stocks and weighed on global equity markets.

read1 min views1 publishedJun 26, 2026
Why Apple shares have slumped – wiping billions from its market value
Image: Independent (auto-discovered)
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