Locator: 49182AAPL.
See disclaimer.
Holy mackerel: AAPL was up $4.50 at the open and before mid-morning AAPL is up over $7.00:
Yes, what Apple is doing is evolutionary. But it's hard not to call it revolutionary.
If I understand it correctly what Apple is already delivering is what Nvidia is trying to do with CUDA. Nvidia has partnered with Intel's x86 to accomplish this but it won't be ready until 2027 or 2028.
My wife just got her first M4 laptop. She was blown away by how fast it was, especially when using Touch ID.
The Apple M4 chip is in every new MacBook laptop: an SoC chip, integrated, made by one company; think about it, the M4 Pro:
- 16 CPU cores
- 40 GPU cores
- 16 NPU cores -- optimizing the chip for AI.
- 128 GB unified RAM
- 546 GB/s memory bandwidth
Apple Silicon wiki here.
Apple M4: Apple's top laptop chip:
AAPL: Dan Ives raises raises Apple's target to $310. Link here. We've been here before. In December, 2024, Ives had AAPl at $340, with path toward $5 trillion.
BofA this morning: sounds reserved on Apple's sales over the weekend but admits it appears Apple iPhone 17 sales higher than expected. T-Mobile CEO says iPhone sales at record sales. Biggest weekend ever?
At the opening: AAPL is up 4.8%; up $4.43.
Opening ticker:
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Disclaimer
Brief
Reminder
Briefly:
- I am
inappropriately exuberant about the Bakken and I am often well out front
of my headlights. I am often appropriately accused of hyperbole when it
comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer:
this is not an investment site. Do not make any investment, financial,
job, career, travel, or relationship decisions based on what you read
here or think you may have read here. All my posts are done quickly:
there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- Longer version here.
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Lumen
Nvidia: Jensen Huang is not through buying; he just spent $900
million (~ $1 billion) to hire Enfabrica CEO, license AI startup's
technology; link here.
- Efabrica's technology: can connect more than 100,000 GPUs together;
- currently, Nvidia's racks come with 72 GPUs installed working together;
- e.g., the kind of system announced by Microsoft today: a $4 billion data center in Wisconsin;
- Microsoft's Wisconsin AI data center, part of a $7.3 billion campus in Mount Pleasant, connects its servers with fiber optic cables . The facility is built to operate as a single AI supercomputer, and the vast scale and speed requirements of AI workloads necessitate fiber over traditional copper links.
- While the specific provider for the Wisconsin data center's fiberoptic cables isn't directly stated, the partnership between Microsoft and Lumen Technologies for next-generation AI infrastructure indicates Lumen is a likely key supplier for Microsoft's network needs, including those at the Wisconsin facility.
- Lumen has reserved a portion of Corning's fiber-optic cable production to support AI-driven applications, and their agreement will help meet the surging demand from large data centers like Microsoft.
- Lumen Technologies and Corning are collaborating and have established a supply agreement where Corning will provide Lumen with its next-generation optical fiber and cable to expand Lumen's network infrastructure for high-bandwidth applications, particularly for Artificial Intelligence (AI) data centers. Corning's innovative, fiber-dense cable system allows Lumen to install significantly more fiber in the same conduit, increasing network capacity and preparig Lumen to support major cloud data center clients.
