Apple AI Concept Stocks to Surge? TSMC and Foxconn Cash Flow Focused on It

Reported about 1 year ago

As Apple prepares to launch the iPhone 16 at the September fall presentation, which is said to be AI-centric, concept stocks related to Apple have become a focus for investors. Companies like TSMC and Foxconn are expected to be influenced by this launch. The performance of semiconductor, optical lens, and casing concept stocks in the third quarter is anticipated to be promising. Analysts estimate that the new iPhone's sales in Taiwan will exceed 90 to 100 million units. TSMC, as the exclusive supplier of the new iPhone 16 processor, is poised to be one of the biggest winners in this Apple AI trend.

Source: YAHOO

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