Why Nvidia Should Be Worried About Apple Intelligence
Nvidia (NASDAQ: NVDA) is the powerhouse in artificial intelligence (AI) today. But (NASDAQ: AAPL) recently introduced AI tools that will be run on-device or in the cloud with Apple's own chips. If successful, there's a path to hundreds of millions of people using AI without Nvidia's chips. Travis Hoium covers the strategy in the video below.
*Stock prices used were end-of-day prices of June 30, 2024. The video was published on July 1, 2024.
Source Fool.com
Apple Inc. Stock
€208.75
2.230%
Our community is currently high on Apple Inc. with 139 Buy predictions and 14 Sell predictions.
As a result the target price of 212 € shows a slightly positive potential of 1.56% compared to the current price of 208.75 € for Apple Inc..