Steve Eisman, known for his 2008 financial crisis prediction, expects Apple's stock to benefit from the AI revolution's second phase, as AI transforms into mobile applications.

Steve Eisman, known for his 2008 financial crisis prediction, believes Apple's stock will benefit from the AI revolution's second phase, as AI transforms into mobile applications. Eisman compares Apple to companies like Nvidia and AMD that have already gained from the burgeoning AI sector. He predicts that the widespread adoption of AI technologies will require device upgrades, leading to a new sales cycle for smartphones and laptops.

May 07, 2024
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