Despite an initial decline, shares of Apple (AAPL) have risen as investors digest the tech giant's AI announcements. New Street Research technology infrastructure analyst Antoine Chkaiban joins Market Domination to discuss
Chkaiban noted that while Apple's Worldwide Developers Conference (WWDC) had "boring" moments on Monday, "it was exciting because we thought it really captured the promise of generative AI at the core of the operating system." However, he doubts that the technology alone can kick-start a product cycle, explaining: "We're not really convinced that on-device AI will enable breakthrough user experiences because the hardware simply isn't breakthrough... since GPT- 4 ...
