AAPL
Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Group to develop a computing...
Article Summary
HOLD- Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second generation of low-power chips as it prepares for an IPO.
- Apple, is in talks with the government and investors to raise more than 600 billion won ($408 million) in ongoing funding round in run-up to potential IPO in South Korea, with CEO Lokwon Kim saying current-generation chips are 20 times more power-efficient and much cheaper than Nvidia's Jetson Orin.
- Hyundai plans to build a factory capable of manufacturing 30,000 robot units annually by 2028 using its Atlas humanoid robot, with the head of Hyundai's robotics lab saying the partnership is part of an effort to build ecosystem of on-device computing partners across South Korea and overseas.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 10.1% | 25% | 50.0 ptsMeets Minimum (10.1%) - Passes screener |
| EPS Growth Next 5Y ? | 11.0% | 25% | 35.0 ptsBelow Screener (11.0%) - Modest outlook |
| Target Price Upside ? | 15.8% | 20% | 60.0 ptsModerate Upside (15.8%) - Target: $299.66 vs Current: $258.83 |
| Gross Margin % ? | 47.3% | 15% | 60.0 ptsSolid (47.3%) - Decent margins |
| Drawdown from 52-Wk High ? | -10.3% | 15% | 40.0 ptsMild Pullback (-10.3%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AAPL
- Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
- The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories.
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- The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets.
- It distributes third-party applications for its products through the App Store.
- The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers.
- The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007.
- Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.