Apple's WWDC on June 10 may reveal AI plans, with $100bn R&D investment and AI chips for iPhones.
Apple's WWDC on June 10 may reveal its AI plans, as the company has invested $100bn in R&D over 5 years, much of it in AI. Apple is reportedly building its own AI chips for iPhones, as well as improving hardware for local tasks. The next iOS release is expected to feature AI improvements, which could encourage iPhone upgrades and boost Apple's revenue. The stock's recent underperformance and potential AI impact could offer a 30% upside for investors, making it a good time to consider buying shares.
May 25, 2024
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