Meta Platforms has expanded its AI chip agreement with Broadcom, deepening a supply relationship that sits at the center of Meta's strategy to build custom silicon rather than rely exclusively on Nvidia GPUs. The move positions Broadcom as a more significant supplier in Meta's accelerator stack, where custom ASICs are increasingly handling inference workloads across Meta's recommendation systems and generative AI products. Custom silicon typically offers better performance-per-watt and lower per-unit cost at scale compared to general-purpose GPUs, which is why hyperscalers have been systematically expanding internal and co-developed chip programs. For Meta, a larger Broadcom deal signals continued capital commitment to AI infrastructure, with potential margin implications as in-house chips reduce dependence on third-party GPU procurement. Investors will watch for quantified spend disclosures and whether the expanded arrangement includes next-generation MTIA or similar custom ASIC iterations, as those details would clarify the timeline and scale of Meta's shift away from merchant silicon.
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.
