10 AI Stocks to Watch Amid the DeepSeek Buzz

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) is a technology company that has strengthened its mark in the AI realm with the launch of Apple Intelligence, its personal intelligence system. On January 28, Analyst Krish Sankar from TD Cowen maintained a “Buy” rating on Apple and kept the price target at $250.00. The firm is optimistic about Apple’s revenue growth and also believes that the tech giant will be advancing its offerings. It also expects Apple to report a year-over-year increase in revenue for the December quarter and projected a mid-single-digit percentage growth for March 2025. Moreover, while DeepSeek’s entry into the market has sparked fear and panic in Silicon Valley, Sankar believes that its introduction, and similar advancements in AI technology, are going to prove beneficial. This is because it could drive mobile device upgrades and accelerate innovation in AI applications. The analyst also highlighted regulatory risks in the Service business but stated that changes in the US administration may influence them. To conclude, TD Cowen is optimistic that Apple’s results will align with market expectations for the December quarter and also deliver guidance consistent with consensus for March 2025.