Posted 2/29/2024, 3:00:44 PM
Apple Ramps Up AI Spending, Supermicro Poised to Benefit
- AI server makers aiming to secure orders from Apple for new AI features in iOS 18
- Server manufacturer Supermicro aggressively expanding efforts for Apple AI server orders
- Apple expected to spend $4.75B on AI servers by 2024, up from $620M in 2023
- Apple CEO hints at "transformative" new generative AI capabilities coming in 2024
- Taiwanese research firm predicts Supermicro could double AI server shipments this year due to demand from Apple, CoreWeave, Tesla