TECH - 'Big Short' Fame Investor Picks Nvidia And AMD As Most Obvious AI Investment Opportunities But Thinks Apple Is 'Hidden' Play | Benzinga
Apple Inc. (NASDAQ:AAPL) has been identified as a major player in the artificial intelligence market by renowned investor Steve Eisman of “The Big Short” fame. He believes that Apple’s AI strategy will lead to substantial gains.
What Happened: Eisman, who now serves as a senior portfolio manager at Neuberger Berman, expressed his views on Apple’s AI potential during a recent CNBC “Fast Money” segment.
"I think Apple is actually the hidden AI play," Eisman said.
He highlighted Apple’s AI strategy as a key factor that could drive significant growth for the company, just a day before NVIDIA Corp‘s (NASDAQ:NVDA) fiscal first-quarter results were due.
Eisman, known for his successful bet against the housing market before the 2008 financial crisis, sees Apple as a major beneficiary of the AI boom. He mentioned Nvidia, Advanced Micro Devices (NASDAQ:AMD), and cloud companies with extensive databases as the most obvious AI investment opportunities.
However, ...