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Apple’s Refusal To Join The AI CapEx Arms Race Is Actually Its Smartest Move, Argues One Analyst As Mag 7 Rivals Burn Billions

14 May 2026 at 19:05

Apple secretly builds Veritas app to test next-gen Siri with smarter and more natural AI abilities.

Apple seems to have turned one of its biggest weaknesses - its inability to develop a homegrown overarching AI framework - into a quasi-strength by eschewing the CapEx escalator that many of its Mag 7 peers are firmly perched upon, at least as per the views expressed by the Evercore ISI analyst, Amit Daryanani. If you tune out short-term concerns related to memory and Apple Intelligence, you'd realize that the iPhone giant has a winning strategy at hand, claims one analyst Daryanani has identified five key strengths that Apple currently retains, and which form a fundamental basis for its growth […]

Read full article at https://wccftech.com/apples-refusal-to-join-the-ai-capex-arms-race-is-actually-its-smartest-move-argues-one-analyst-as-mag-7-rivals-burn-billions/

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