1 Metric That Highlights Apple's Focus on AI
Key takeaways
- AAPL NVDA It was encouraging to learn that Apple (NASDAQ: AAPL) plans to launch a revamped version of Siri -- its virtual assistant powered by artificial intelligence (AI) -- later this year.
- Here's one metric showing that it's definitely focused on AI.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
AAPL NVDA It was encouraging to learn that Apple (NASDAQ: AAPL) plans to launch a revamped version of Siri -- its virtual assistant powered by artificial intelligence (AI) -- later this year. However, the market still views the consumer technology company as an afterthought in the AI race, especially since its peers are spending so much money to expand their technical infrastructure.
But Apple isn't ignoring the trend. Here's one metric showing that it's definitely focused on AI.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »