We recently compiled a list of the 10 High-Potential AI Stocks to Watch Right Now. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other high-potential AI stocks.
China is making significant strides in integrating artificial intelligence in its economy. Laying out its major policy priorities for 2025 at an annual parliamentary meeting on March 5th, it discussed how it plans to spur consumption and achieve technological breakthroughs.
Premier Li Qiang's government work report said that AI would be integrated into the country's manufacturing base, and that the country pledges to accelerate artificial intelligence development in the country, as per Reuters.
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The plans involve a broader deployment of large language models and leveraging China's industrial strengths to expand AI applications. Embodied intelligence - the technology underlying humanoid robots, was also highlighted as a key industry of the future.
Chinese AI startup DeepSeek sent shock waves through the global tech market ahead of the Lunar New Year, but has also sparked a rise of Chinese companies in artificial intelligence (AI).
"DeepSeek adheres to an open-source approach and promotes the widespread application of AI technology globally, which contributes Chinese wisdom to the world. Through the rise of companies like DeepSeek, we can see the innovation and inclusiveness of China's technological development"
-Lou Qinjian, Spokesperson for China’s parliament.
Ever since its rise, President Xi Jinping has been encouraging tech leaders to pursue AI efforts. China intends to foster more technological breakthroughs and become more self-reliant. The country has said that it wants to foster "industries of the future" including biomanufacturing, quantum technology, embodied AI and 6G technology.
In this regard, it will also explore new models for national laboratories and extend strong support and "important responsibilities" to young scientists and engineers. The application of large-scale AI models and the development of next-generation intelligent terminals and smart manufacturing terminals will also be reinforced.
"China will strive to create an enabling environment for innovation that encourages exploration and tolerates failure."
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Number of Hedge Fund Holders: 166
Apple Inc. (NASDAQ:AAPL) is a technology company. On March 5th, the company announced its most powerful Mac ever made, Mac Studio, featuring the M4 Max and the new M3 Ultra chip. Made for professionals, the device features extensive connectivity with Thunderbolt 5, enabling superfast data transfer, charging, and connection; along with new capabilities. Packed in a compact and sleek design, the Mac Studio features a powerful CPU, Apple’s advanced graphics architecture, higher unified memory capacity, ultrafast SSD storage, and a faster and more efficient Neural Engine.
It is also designed to be an AI powerhouse, capable of running large language models with over 600 billion parameters entirely in memory. In addition, it is fit for Apple Intelligence, Apple Inc. (NASDAQ:AAPL)’s personal intelligence system. The device is available to pre-order today, with availability beginning March 12.
“The new Mac Studio is the most powerful Mac we’ve ever made. A complete game-changer for pros around the world — powering both home and pro studios — Mac Studio sits in a class of its own, offering a staggering amount of performance in a compact, quiet design that fits beautifully on your desk. With this new Mac Studio, we’re delivering even more extreme performance with M4 Max and M3 Ultra, support for half a terabyte of unified memory, up to 16TB of superfast storage, and Thunderbolt 5 connectivity. Mac Studio truly is the ultimate pro desktop.”
-John Ternus, Apple’s senior vice president of Hardware Engineering.
Overall AAPL ranks 6th on our list of the high-potential stocks to watch right now. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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