Apple Inc. (NASDAQ:AAPL) is reportedly working on its own artificial intelligence chips for data centers, a move that could potentially disrupt the market. However, the project’s future is still uncertain.
What Happened: The project, codenamed ACDC, is an extension of Apple’s existing in-house chip efforts for its devices, reported The Wall Street Journal, citing people familiar with the matter.
The tech giant has been working with its chip-making partner Taiwan Semiconductor Manufacturing (NYSE:TSM) to design and commence the production of these chips. However, there’s uncertainty surrounding whether this collaboration has produced a concrete outcome
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If the project comes to fruition, Apple would join the ranks of other tech giants like Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corp. (NASDAQ:MSFT), and Meta Platforms Inc. (NASDAQ: