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Apple cites AI investments for rising capex, tempers current quarter growth expectations despite pull-ahead sales

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

Apple's capex saw a notable rise in the third quarter of the fiscal year 2025, primarily driven by growing investments in artificial intelligence (AI). During the company's earnings call, CFO Kevan Parekh attributed the increase to a combination of...

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