Apple Taps NVIDIA Blackwell for Next-Gen Siri, App Store Hits $1.4T; Faces AI Memory Headwinds
AAPL sits 59% above its 52-week low of $195.07.
Summary
Apple is making a significant strategic move for its AI future, partnering with NVIDIA and Google Cloud to run next-gen Siri on Blackwell GPUs starting September 2026, with a focus on data privacy. This comes as the App Store reported a massive $1.4 trillion in developer billings and sales for 2025, highlighting the strength of its services ecosystem. However, the company faces challenges with memory supply constraints for on-device AI workloads and recent AI leadership changes, which may impact the timing of planned Siri on-device upgrades. The NVIDIA partnership is a clear signal of Apple's commitment to advancing its AI capabilities.
At the time of this announcement, AAPL was trading at $310.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.6T. The 52-week trading range was $195.07 to $316.94. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.