share_log

Apple Analyst Says 'Confidence In The AI Upgrade Cycle Is Starting To Show'

Benzinga ·  Aug 2 22:21

Apple Inc.(NASDAQ:AAPL) continues to set itself apart as a leader in innovation and growth potential, particularly in the realm of artificial intelligence.

JPMorgan analyst Samik Chatterjee is bullish on the tech giant, reiterating an Overweight rating following Apple's third-quarter fiscal year 2024 results. "A non-eventful quarter with Apple beating estimates across the board is exactly what is desired as we look forward to the AI upgrade cycle," Chatterjee stated.

AI: The Next Frontier for Apple

The focus on AI is not just a buzzword for Apple. Chatterjee emphasizes that the upcoming AI upgrade cycle, marked by...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment