Where Will Apple Stock Be in 1 Year?
Tech stocks have been soaring lately thanks to excitement over new artificial intelligence (AI) technologies. Ever since the launch of OpenAI's ChatGPT in late 2022, businesses have been ramping up spending on GPUs from Nvidia, new data centers, and general infrastructure to harness the power of generative AI and run AI models.
However, one big tech company is increasingly looking left behind. That's Apple (NASDAQ: AAPL). Unlike peers Microsoft, , Amazon, and Meta Platforms, Apple hasn't drawn much attention to its large language models, and it hasn't formed a meaningful AI partnership the way Microsoft has with OpenAI, or, to a lesser extent, Alphabet and Amazon have with Anthropic.
As a result, the stock has underperformed its peers over the past year.
Source Fool.com
Alphabet Inc. C Stock
With 26 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
However, we have a potential of -2.14% for Alphabet Inc. C as the target price of 165 € is below the current price of 168.6 €.
