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Home Business & Finance Economic Policies

Apple AI chip: Apple is planning to take on Nvidia which could threaten the chipmaker’s market share; here’s what the iPhone maker is planning to do todayheadline

December 13, 2024
in Economic Policies
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Apple AI chip: Apple is planning to take on Nvidia which could threaten the chipmaker's market share; here's what the iPhone maker is planning to do
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Nvidia is demonstrating a massive rise in its overall growth, and after the announcement of its AI GPUs, its stock prices have now hit the roof, and that has now got the rapt attention of Apple, as they too want to enter the chipmaking field in a big way, and have planned some collaborations that can help them get towards this.

Are Broadcom and Apple tying up for AI chipmaking?

Apple is now reportedly tying up with a company named Broadcom for the manufacturing of its AI chips, and right after the announcement of the same, Broadcom’s stocks have surged significantly, with expectations of it to grow further in the coming weeks. Earlier, Apple used to get its chips for search functions from Amazon Web Services, which is an Amazon subsidiary. Therefore, it was expected that the collaboration for the AI chips may happen with Amazon, and this announcement with Broadcom, has come as a rather surprise.

However, the collaboration with Broadcom may end up giving Apple the necessary boost in the AI chipmaking industry, and enhance its systems in such a manner that its stocks may show an optimum growth through 2025 and 2026.

FAQs:

Is Broadcom an AI chipmaker?
Broadcom is in the business of chipmaking, and has now tied up with Apple for GPU chip supplies for its devices.

Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.

Tags: AI chipmaking industryAI GPUsAppleApple AI chipApple Broadcom partnershipApple stocks forecastBroadcom collaborationBroadcom stocks surgeChipchipmakersHeresiPhonemakermarketNvidiaNvidia market sharePlanningSharethreatentodayheadline
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