Apple's next era under Ternus could place focus on AI, potentially higher investments: BofA
Reported by Seeking Alpha · seekingalpha.com · August 21, 2026
Apple CEO transition: BofA says John Ternus could shift Apple toward on-device AI, more R&D and M&A.
What the tape says
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
Market reaction today: $AAPL +0.32%
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