The tech industry is buzzing with excitement, with the WWDC 2023 right around the corner. There are strong chances that Apple will unveil its highly anticipated virtual reality (VR) and augmented reality (AR) headsets at the upcoming WWDC conference. The Mixed Reality headsets have been talk of the town for quite some time now. However, according to renowned analyst Ming-Chi Kuo, investors are showing a far greater interest in Apple’s artificial intelligence (AI) technology, and how it goes up against ChatGPT and other AI-based language models.
Kuo stated that AI Business presents a more promising outlook in the near future
Ming-Chi Kuo took to Twitter on Sunday to share insights from his recent discussions with investors. He revealed that many investors were eagerly awaiting news about Apple’s potential launch of a service similar to ChatGPT. Recognizing the long-term importance of AI integration, Kuo believes that the success of Apple’s AR/MR headset hinges on its ability to seamlessly incorporate AI technology. Just as ChatGPT has revolutionized AI, the impact of Apple’s headset could reshape 3D interactive design and computer graphics.
Kuo also emphasized the potential benefits for Apple’s stock price and major suppliers if the headset exceeds market expectations. While the contribution of headsets to suppliers’ revenue and profits may be limited in the next two years, the AI business presents a more promising outlook. Kuo pointed to Nvidia‘s remarkable second-quarter performance, which surpassed market expectations, as evidence of investors’ increasing focus on AI.
Furthermore, Kuo highlighted the potential impact of an AI or AI graphics card (AIGC) service announcement at WWDC. Such an announcement would likely sustain the current enthusiasm surrounding AI investment. Additionally, if Apple introduces higher hardware specification requirements for AIGC, it could lead to a surge in demand for hardware replacement.
Excitement is building as Apple’s WWDC23 keynote speech approaches, scheduled for tomorrow. The tech giant’s foray into VR and AR, coupled with the growing anticipation around AI, demonstrates Apple’s commitment to innovation and its determination to shape the future of technology.
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(Via)
