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Apple's AI Reveal Hands An Unexpected Win To Google, NVIDIA

Benzinga·
Apple's AI Reveal Hands An Unexpected Win To Google, NVIDIA

Apple's AI announcements at WWDC sparked mixed reactions on Wall Street. While the company unveiled its biggest Siri upgrade in years, the stock fell 3.64% as investors expressed concerns about limited rollout timelines, unavailability in key markets like Europe and China, and Apple's reliance on Google Cloud and NVIDIA chips for advanced AI workloads rather than proprietary solutions. Analysts remain divided on whether the Siri overhaul positions Apple competitively in AI or highlights its growing dependence on partners.

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