Apple Teams With Broadcom To Develop Its Own AI Chips and Launches Siri With ChatGPT [Video]

Apple (AAPL) is reportedly working to develop its own artificial intelligence (AI) chips, in a move that could make it less reliant on AI chip giant Nvidia (NVDA).

The iPhone maker is collaborating with chipmaker Broadcom (AVGO) to develop a chip code-named Baltra, Reuters reported Wednesday, citing coverage from The Information. Mass production of the chip is expected to begin in 2026, the report said. 

The chip will reportedly be made using an advanced manufacturing process from Taiwan Semiconductor Manufacturing Company (TSM), which produces chips for Nvidia and is an Apple supplier. 

Shares of Broadcom jumped over 6% in afternoon trading Wednesday, while Apple edged 0.2% higher, and TSMC shares gained 1.3%. 

Meanwhile, Apple Intelligence, the company’s AI offering for iPhone 16 and other devices, got a series of updates Wednesday through iOS 18.2, including integration with OpenAI’s generative AI chatbot, ChatGPT.

Apple said the upgrade means its digital personal …