Apple (AAPL) Plans Key AI Expansion: Stock to $255 Next?
The US stock market has been one of the big storylines in the first three months of the year. To this point, it has grossly underperformed, with experts hoping for a turnaround soon. For Apple (AAPL), a key AI expansion is set to debut that could help fuel its expected rebound to the $250 level. The company has been heavily criticized for its sluggish AI rollout to this point. Despite its unprecedented success in retail electronics, the firm has seemingly dropped the ball on AI development. Yet, with a $1 billion Nvidia (NVDA) purchase taking place, it looks like the iPhone developer has its sights set squarely on rectifying that. Source: Entreprenuer Also Read: Apple (AAPL): JPMorgans Gives Stock Overweight Rating Amid 45% Upside Apple Takes Another Key Step in AI Development as Stock Eyes Massive Rebound Despite the success of mega-cap stocks in 2024, things have been drastically different this year. Among the biggest surprises has been Apple, whose stock is down more than 8.7% over ...