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Dan Ives, managing director and senior equity analyst at Wedbush Securities, highlights Apple's potential in artificial intelligence, stating that its AI vision and monetization could add $75 per share to the company's valuation.
Ives describes Cupertino as a 'sleeping giant' now awakening in the AI race and suggests Apple will become the toll collector on the consumer AI highway.
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Ives previously previewed Oracle and Adobe earnings with a focus on AI monetization in a recent article. He also discussed Tesla and other leading technology stocks on CNBC’s Closing Bell, as covered in another report. These recent appearances highlight his ongoing coverage of technology sector trends.