Apple Just Gave Taiwan Semiconductor Investors Great News

Over the last several weeks, technology companies have reported earnings for the fourth quarter and full calendar year for 2024. Among the biggest influencers in artificial intelligence (AI) are the "Magnificent Seven" companies: Nvidia, Microsoft, Meta Platforms, Amazon, Alphabet, Tesla, and Apple.Within this cohort, Microsoft, Amazon, and Alphabet are forecast to spend nearly a quarter-trillion dollars on AI infrastructure just this year. While that's quite a hefty price tag, I don't find this spending out of the ordinary. Over the last few years, each of these tech titans have plowed billions into leading AI start-ups including OpenAI and Anthropic, as well as invested significant capital into data centers and custom chipware.One member of the Magnificent Seven that has been suspiciously quiet throughout the AI revolution is Apple. Well, that just changed. The iPhone maker recently announced that it plans to invest $500 billion over the next four years -- allocated across areas including manufacturing, silicon engineering, and AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool