Quick Read – Apple Thought Its Gemini Deal Solved Its AI Problem – Nvidia Makes PCs More Powerful Than Macs – Billions Of Dollars Of Apple Revenue At Risk – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn’t make the cut.
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Nvidia (NASDAQ: NVDA) stunned the tech world when it launched its RTX Spark chip for PCs. The company called it “the most efficient PC chip ever built.” In its announcement, it said it has partnerships with PC companies Dell Technologies, Lenovo, Microsoft (NASDAQ: MSFT), HP, Asus, and MSI. Apple (NASDAQ: AAPL) was not on the list.
For this reason, it is the largest loser due to the launch. Kari Briski, Nvidia’s vice president for generative AI software, said the period of AI adoption, which involved EV app downloads, is ending. He commented, “That era is ending.