Big Tech Apple Apple is reportedly shopping for AI chip companies Apple's current M2 Ultra-powered servers don't seem to be cutting it. By Kris Holt July 15, 2026 2:00 pm EST Laurenz Heymann/Unsplash Apple doesn't tend to spend a ton of money on buying companies, but that might change as it looks to shore up its AI processing power. The company is said to have been in talks with semiconductor makers and bankers about possible acquisitions in order to bolster its servers. According to The Information , which first reported the news, Apple has faced performance issues with servers that run on its M2 Ultra chips. Those are used for some AI tasks, though the heavy lifting (such as the Gemini model that's behind Siri AI ) is seemingly handled by NVIDIA chips on Google Cloud. Apple is said to have tried using its own servers for that purpose, but its infrastructure is evidently insufficient.
Bloomberg reported this week that a server chip based on the M7 Ultra won't be ready until 2029, but noted that Apple will soon upgrade its infrastructure with M5 Ultra chips. Apple reportedly planned to debut a next-gen server chip (codenamed "Baltra") this year, but that timeline appears to have slipped. Last week, Apple struck a deal with Broadcom to buy $30 billion worth of chips that the latter makes in the US. Apple's chip design expertise is primarily in the realm of consumer devices, so it makes sense that the company would look to bring in more support on the server side.
Source: https://www.engadget.com/2215912/apple-is-reportedly-shopping-for-ai-chip-companies/
Bloomberg reported this week that a server chip based on the M7 Ultra won't be ready until 2029, but noted that Apple will soon upgrade its infrastructure with M5 Ultra chips. Apple reportedly planned to debut a next-gen server chip (codenamed "Baltra") this year, but that timeline appears to have slipped. Last week, Apple struck a deal with Broadcom to buy $30 billion worth of chips that the latter makes in the US. Apple's chip design expertise is primarily in the realm of consumer devices, so it makes sense that the company would look to bring in more support on the server side.
Source: https://www.engadget.com/2215912/apple-is-reportedly-shopping-for-ai-chip-companies/