Apple Inc. (NASDAQ:AAPL) was among Jim Cramer’s stock calls on Mad Money, as he advised investors to stick with the largest tech companies in the market.
Cramer discussed the company’s AI strategy, as he said: You know what held back Apple for ages?
Its lack of data centers spending, lack of it… See, all that’s comparison stuff; ooh, they’re not spending enough. Yeah, it was constantly under fire for not shelling out fortunes on an AI strategy. Even the other guys were under fire because they were constantly shelling out fortunes on an AI strategy.
Alright, this comparisons game gotta stop. No, Apple didn’t build its own AI. It’s not in that business.