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- Apple needs to release GenAI services soon — or risk Nvidia overtaking it in value, analyst says.
- The prediction comes as Apple suffers a decline in iPhone sales in China.
- Apple is shifting its focus further towards generative AI after killing its electric car project.
A lot is riding on Apple's push toward artificial intelligence — including the iPhone maker's current valuation dominance over Nvidia, the chip giant fueling the AI revolution, according to one analyst.