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Apple Inc. (AAPL) Maintains Buy Rating at Bank of America, Initial iPhone 16 Demand Lower Due to AI Feature Delay

By Yahoo! Finance   |   Oct 5, 2024 at 06:50 AM EST
Apple Inc. (AAPL) Maintains Buy Rating at Bank of America, Initial iPhone 16 Demand Lower Due to AI Feature Delay

The article discusses Apple's position among AI stocks and recent developments in AI data centers. It highlights Equinix's joint venture to raise $15 billion for expanding hyperscale data centers in the US. The US government also plans to invest in AI for sustainable semiconductor materials.

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