Apple Just Joined the AI Revolution. Investors Could Be in for a Windfall, According to Several Wall Street Analysts.

Apple unveiled Siri AI at its Worldwide Developers Conference, marking its definitive entry into artificial intelligence. The company partnered with Nvidia and Google Cloud to power its Apple Intelligence features, which will operate both on-device and in the cloud with privacy protections. Wall Street analysts are bullish, with Wedbush's Dan Ives setting a $400 price target (38% upside) and Morgan Stanley's Eric Woodring raising his bull target to $440 (51% upside), believing Apple's AI monetization potential is not yet reflected in the stock's current valuation.