Analysts Bullish on Tech Giants' AI Plans Despite Regulatory Uncertainty
• Citi Apple-Baidu AI collaboration driven by China's regulations requiring pre-approval of generative AI models before public launch
• Wedbush Bullish on Microsoft's AI capabilities, especially Copilot; could boost revenue by $25B-$30B by 2025
• BofA Raised TSMC target price on stronger advanced node demand from AI computing power needs
• BMO Adobe has long-term growth levers across price, mix, and seats despite tight 2024 outlook
• Macquarie AI model market undergoing a "shakeout" with destabilizing effects on some startups