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Apple's stock price continues to hit new all-time highs, with reports stating that it is collaborating with Broadcom to develop AI Chips.
① Apple is developing a server chip designed specifically for AI called "Baltra" and is partnering with Broadcom to develop network technology. ② This news caused Broadcom's stock price to rise by more than 5.3%, while Apple's increased by 0.7%, with its stock price surpassing $250 for the first time in history during trading. ③ This move marks a milestone for Apple's silicon engineering team, evolving from designing iPhone chips to Mac processors, and now to server chips.
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Express News | Apple, Broadcom Partner on AI Chips; Broadcom Up 3.6% Pre-Market