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ResolvedStocks

Apple to Use Nvidia GPUs via Google Cloud for Advanced AI Workloads

First Detected: Jun 13, 2026, 1:20 AM
Last Update: 2 months ago
37 articles·8 stories

Event Summary

Apple is shifting to Nvidia GPUs via Google Cloud to power its advanced AI workloads, moving away from its private infrastructure. CEO Tim Cook announced that the company will be forced to raise product prices due to a memory chip crunch and soaring production costs. Cook described these price hikes as 'unavoidable' given the current market conditions and the rising costs of components.

Timeline

Apple Lobbies U.S. to Allow Use of State-Backed China CXMT Chips
Jul 8, 2026, 2:45 AMImpact: 5
Evercore ISI Maintains Apple Outperform Rating Despite Hardware Price Hikes Up to 25%
Jul 4, 2026, 2:45 PMImpact: 4
Tim Cook Warns of Severe Memory Chip Shortage as DRAM ETF Hits $25 Billion
Jul 1, 2026, 8:01 AMImpact: 5
Apple seeks US approval for CXMT chip purchases from blacklisted Chinese firm
Jun 27, 2026, 4:01 PMImpact: 5
Apple and Tesla Technical Documents Leaked Following Tata Electronics Cyberattack
Jun 22, 2026, 7:31 PMImpact: 6
Apple CEO Tim Cook Signals Price Hikes Amid Global Memory Chip Shortage
Jun 19, 2026, 12:30 PMImpact: 6
Micron and Storage Stocks Surge Following Apple's Component Cost Warnings
Jun 17, 2026, 9:16 PMImpact: 6
Apple to Use Nvidia GPUs via Google Cloud for Advanced AI Workloads
Jun 13, 2026, 1:20 AMImpact: 7

Price Impact

Since event start
AAPL+8.65%
NVDA+10.06%
GOOGL-5.90%
TSLA-9.42%