Morgan Stanley released a research report stating that Apple has launched major updates for Apple Intelligence and Siri at the Worldwide Developers Conference. The bank expects that the new Apple Intelligence feature will drive upgrades and increase user stickiness. The bank believes that Apple AI lives up to expectations and maintains this year's iPhone sales forecast at 231 million units and next year's sales at 247 million units.
The bank believes that AAC Technologies, BYD Electronic, Sunwoda, Luxshare Precision Industry, and Taiwan Semiconductor will all benefit from this.