Apple Inc. is highlighted as a hot AI stock to watch, with Evercore ISI analyst Amit Daryanani reiterating an Outperform rating and $330 price target. Apple’s new AI partnership with Google Gemini is expected to bring monetization upside and custom AI experiences. The Siri 2.0 upgrade is anticipated in the coming months.
Apple has confirmed a multi-year agreement with Google for its next generation AI models, with the foundation models and cloud technology based on Google’s Gemini models. Positive feedback has been received since Gemini 3.0 launched last year, and an upgrade is expected to be announced soon.
Apple’s partnership with Google offers potential for monetization and a more custom Siri experience. Investors should prepare for the Apple Intelligence 2.0 announcement in the upcoming months. Apple is known for its consumer electronics, software, and services.
While Apple’s AI partnership with Google is promising, other AI stocks may offer greater upside potential with less downside risk. For opportunities in the AI market, consider exploring undervalued AI stocks that could benefit from current economic trends. No disclosures mentioned.
Read more at Yahoo Finance: Apple’s (AAPL) AI Roadmap Strengthens With Google Deal, Says Evercore
