Meta Platforms and Broadcom are expanding their custom chip partnership, deepening a relationship that reduces Meta's dependence on third-party AI accelerators, most notably Nvidia's dominant H-series GPUs. The collaboration centers on application-specific integrated circuits, or ASICs, designed to handle Meta's AI inference and training workloads at scale. Custom silicon allows hyperscalers to optimize performance-per-watt and cost-per-inference in ways that general-purpose GPUs cannot, making the build-versus-buy calculus increasingly attractive as AI compute budgets scale into the tens of billions annually. For Broadcom, the expanded partnership reinforces its position as the preferred ASIC partner for the largest AI spenders, a market it shares with Marvell Technology. The deal signals continued pressure on Nvidia's data center revenue concentration, though displacement remains gradual given software ecosystem lock-in. Watch for how aggressively Meta accelerates internal silicon deployment timelines and whether Broadcom's custom AI chip revenue guidance reflects the expanded scope in upcoming earnings disclosures.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
