$Apple(AAPL)$ As far as I understand $NVIDIA Corp(NVDA)$ does not “manufacture” chips, they just design them. $Taiwan Semiconductor Manufacturing(TSM)$ manufactures their chips. I believe Apple also designs many of their own chips and also outsources manufacturing to TSMC. One of Apple’s chips is the neural engine, which I believe is a type of “AI” related chip. Do you see where I’m going here? With the vast resources they have, why is Apple not competing with Nvidia? Seems to me there is an enormous opportunity for them here in the AI space. Thoughts?
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