Apple is reportedly making an AI server chip with Broadcom’s help
The Apple/Broadcom AI deal is the latest in the two company’s shared history. Apple is working with Broadcom on RF filters for Apple’s own 5G modem that could debut in the iPhone SE in 2025. Furthermore, a report last October stated that Apple is developing its own Wi-Fi chip that would replace a chip made by Broadcom.
Apple working with Broadcom to develop AI-specific server chip - report
Apple is working with Broadcom to develop its first AI-specific server chips. According to a report from The Information, Apple is working with Broadcom on the chip’s networking technology. The chip, codenamed Baltra, is expected to be ready for mass production by 2026 and is intended for internal use only.
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Broadcom Inc. (NASDAQ:AVGO) expected to beat and raise in Q4 due to strong AI-related revenues. AI forecasted to drive $12B in revenue by 2024.
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When Broadcom acquired VMware last year, the company aimed to generate adjusted EBITDA of $8.5 billion within three years.
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