TD Cowen Maintains Buy on Apple (AAPL), Highlights Apple Intelligence and 2nm Chip Potential.

Apple Inc. (NASDAQ:AAPL) is one of the 15 best stocks to invest in for an 18 year old. With a $275 price target, TD Cowen maintained a Buy rating on Apple Inc. (NASDAQ:AAPL). Notably, the firm’s analysts emphasized the significance of developer access to Apple’s Foundation Models in order to integrate models and apps, which is expected to progress by 2026.

Apple Inc. (NASDAQ:AAPL) recently introduced new Apple Intelligence features at the Worldwide Developers Conference 2025. An improvement over last year’s “light trickle,” the update was characterized as a “steady stream” of AI-enhanced capabilities. TD Cowen analysts highlighted Apple’s increased integration of Apple Intelligence into iOS, even though the lack of chatbot technology and the delay in Siri updates may be seen as setbacks. Importantly, this integration’s multimodal model approach might let consumers choose their preferred LLM for use.

The analysts added that, other from perhaps more DRAM, significant specification improvements are unlikely to be part of the iPhone update in the second half of 2025. They expect that in the second half of 2026, Apple Inc. (NASDAQ:AAPL) will utilize 2nm chips, which could act as a catalyst for device updates and significantly boost AI performance.

Apple Inc. (NASDAQ:AAPL) is a global tech company that is known for its core offerings, the iPhone, Mac, and Apple Watch, as well as its expansive service portfolio, which includes iCloud and Apple Music.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

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