Apple’s market cap closed about $3 trillion for the first time since August after its shares climbed 2% to $193.42 per share on Tuesday.

Apple’s value officially crossed the $3 trillion mark for the first time in June, and briefly touched $3 trillion in December 2022 during intraday trading. Apple stock hit its all-time high on July 31 and it remains the most valuable publicly traded U.S. company.

The milestone is a sign of Apple’s durability — the iPhone maker’s stock price has risen over 48% so far this year — even as the company reduces its total share count through buybacks.

Investors see Apple as a fortress with significant cash flow, globally popular products, and strong shareholder return programs, even as the company struggles with slowing growth and problems in markets like China. For more, read the full CNBC report.