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Stockreport

Apple might up its AI game with a $1 billion order of Nvidia servers, analyst says [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
“Apple is officially in the large server cluster Gen AI game... and Super Micro Computer ( SMCI ) & Dell ( DELL ) are the key server partners,” Loop Capital Markets analyst Ananda Baruah said in an analyst note on Monday. Large server clusters are big groups of high-powered servers used to train and run complex AI models, like those used in generative AI. The tech giant is reportedly placing roughly $1 billion worth of orders of Nvidia's ( NVDA ) GB300 NVL72 server platform, including the company's next-generation Blackwell Ultra chips, built by Super Micro and Dell. With each server costing around $3.7 million to $4 million, Baruah estimates that Apple is buying approximately 250 servers. Apple didn't immediately respond to Quartz's request for comment. Baruah expects Apple to use these servers to run or train generative AI large language models. The move could have stemmed from the intense backlash Apple received in response to its decision to delay a much-anticipated generat [Read more]
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