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Apple is set to introduce AI with the 2025 iPhone 17 Pro, featuring a 2nm chipset from TSMC. Investment firm JP Morgan predicts this move, leading to a drop in Apple's price target to $210. Hedge fund investors are showing interest in Apple due to potential AI upgrades, despite a recent stock slump. Apple's stock has a 25% upside, supported by JPMorgan, as the company plans to release M4-powered Macs with a focus on AI. The signal of Apple's AI intent has caused a $112 billion stock surge.
Apple signal of AI intent unleashes $112 billion stock surge https://t.co/gVzAX72YTe via @business
Updated $AAPL chart, it seems like Stocktwits dip buyers were right to bet on Apple. Shares are reversing higher from support after the company announced it's looking to release its first M4-powered Macs this year, with a big focus on AI. https://t.co/LY4WVMm605 https://t.co/HJ5xkPqduo
2 reasons Apple's stock still has 25% upside despite struggling to start 2024, according to JPMorgan https://t.co/13ufbXhRPW
