Apple Shares Rise 2% on Local AI Hardware Pitch
Apple shares increased by nearly 2% to $335.87 after positioning its upgraded Mac Minis and Mac Studios as alternatives to rented AI computing, suggesting customers can buy upfront to run AI locally.
Apple NASDAQ:AAPL, the consumer-device and silicon company, positioned its updated Mac Minis and Mac Studios as alternatives to rented AI computing. 87 at 10 am ET time on September 30. The pitch is that buyers can pay for the computing power upfront and run AI locally.