5 big analyst AI moves: Apple reiterated as Top Pick, C3.ai stock upgraded
In particular, Wall Street giant analysts are bullish about Apple's transition from smartphones to"IntelliPhones," predicting a significant multi-year upgrade cycle.
The investment firm noted that the company's Q1F25 sales metrics were mildly disappointing, with large deals facing incremental scrutiny. "C3.ai posted accelerating subscription growth to 41% in 4Q24, providing evidence that the headwinds from a migration to a usage-based revenue model are abating," analysts commented.
Moreover, AI PCs, requiring 40% to 80% more DRAM, and handsets needing 50% to 100% more DRAM, present tailwinds for Micron. Western Digital and Micron are also expected to benefit from higher NAND content in AI devices with improved pricing.
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