Apple Has 1 Shot To Nail 'Paradigm Shift' Opportunity, Change The Way We Engage With AI, Gene Munster Says: 'If They Miss This They're In Trouble'
Portfolio Pulse from Adam Eckert
Gene Munster from Deepwater Asset Management believes Apple Inc. (NASDAQ: AAPL) has a significant opportunity to revolutionize AI engagement through a major overhaul of its virtual assistant, Siri. Munster anticipates a successful rollout could solidify Apple's leadership in AI, especially with a potential partnership with OpenAI. He expects a new chip architecture in 2025 to enhance AI capabilities on iPhones. Munster cautions investors about trading around Apple's Worldwide Developers Conference, where a revamped Siri is expected to be a highlight.
June 04, 2024 | 6:48 pm
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Gene Munster from Deepwater Asset Management highlights a significant AI opportunity for Apple through a major overhaul of Siri. A successful rollout could solidify Apple's leadership in AI, especially with a potential partnership with OpenAI. Munster expects a new chip architecture in 2025 to enhance AI capabilities on iPhones. He cautions investors about trading around Apple's Worldwide Developers Conference, where a revamped Siri is expected to be a highlight.
The news highlights a potential major advancement in Apple's AI capabilities through a revamped Siri and new chip architecture. If successful, this could significantly enhance Apple's position in the AI market, positively impacting its stock price. However, there is caution around trading during the Worldwide Developers Conference.
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