Apple to Ramp Up AI Server Spending, But Still Lags Behind Big Tech Rivals
- Apple expected to spend billions on AI servers in 2023-2024 per analyst Ming-Chi Kuo
- Kuo estimates Apple buying 2K-3K servers in 2023, up to 20K in 2024 with Nvidia HGX H100/B100 chips
- Apple's spending significantly less than Meta, Microsoft on AI hardware
- Gurman said Apple spending $1B annually on AI efforts
- Kuo "genuinely concerned" about Apple's generative AI prospects with $1B spend
