5 big analyst AI moves: Investors ‘struggling to understand’ Apple AI approach

Evercore optimistic about Apple’s ‘measured approach’ to AI) approach to AI, particularly in contrast to rivals who have been more overtly assertive in their endeavors and investments related to this burgeoning technology.

Analysts said Apple has been increasingly transparent about its AI strategy through detailed white papers, highlighting technological progress and edge deployment tactics. They predict that the upcoming WWDC, starting June 10th, will bring significant insights into the company’s AI projects. Google shares rose sharply following the report as the company delivered stronger-than-expected top and bottom line, announced first-ever dividend and a $70 billion buyback program.

“We are taking our CY25 revenue/EPS estimates ~20% higher to ~$175B/~$41 , driven almost entirely by changes to our mix assumptions for Blackwell as it has become evident to us based on numerous inputs from the supply chain that composition/mix for BW is shaping up to be much richer than Hopper,” UBS continued.In the wake of the report’s release, CFRA Research analysts upgraded Qualcomm stock from Hold to Buy and hiked the target price from $155 to $200.

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