9 Must-See AI News Updates That Are Trending on Wall Street

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) is a technology company that has recently launched Apple Intelligence, its personal intelligence system. On February 6th, multiple sources including Benzinga and Korean publication ET News reported that Apple’s AI-focused M5 chip is now being produced at scale. These chips are utilizing new process technology to boost AI performance. In comparison to earlier M-series chips, this new chip is likely going to have a redesigned structure and will deliver enhanced AI performance. The new chips will also be running at lower temperatures. This will enable it to maintain full power for longer durations before thermal throttling takes effect. The M5 chips will be powering the upcoming MacBook Pro, iPad Pro, and Vision Pro Devices.