Apple Loses Big Because Of Nvidia PC Chips

Apple Loses Big Because Of Nvidia PC Chips Douglas A. McIntyre Tue, June 2, 2026 at 3:27 PM GMT+2 3 min read AAPL NVDA MSFT INTC AMD mphillips007 / iStock Unreleased via Getty Images Quick Read Apple Thought Its Gemini Deal Solved Its AI Problem Nvidia Makes PCs More Powerful Than Macs Billions Of Dollars Of Apple Revenue At Risk Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today .

Nvidia ( NASDAQ: NVDA ) stunned the tech world when it launched its RTX Spark chip for PCs. The company called it “the most efficient PC chip ever built. ” In its announcement, it said it has partnerships with PC companies Dell Technologies, Lenovo, Microsoft ( NASDAQ: MSFT ), HP, Asus, and MSI.

Apple ( NASDAQ: AAPL ) was not on the list. For this reason, it is the largest loser due to the launch. Kari Briski, Nvidia’s vice president for generative AI software, said the period of AI adoption, which involved EV app downloads, is ending.

He commented, “That era is ending. Agents are the new workload. They will run everywhere, from the data center to the edge.

” Nvidia also said that the period when AI was simply used as a search engine replacement is also ending. Many experts thought AI would replace Google. Google combated this by launching its own Gemini AI app and distributing it across its search, Gmail, Maps, Sheets, and Docs ecosystems.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today . At first, it appeared the biggest losers following the announcement were Intel ( NASDAQ: INTC ) and AMD ( NASDAQ: AMD ), which dominate the PC chip market.

Intel has between 60% and 70% of this market. AMD has more than 20%. The stocks of both companies sold off after the Nvidia announcement.

Nvidia has quickly moved beyond the AI chip market. It has even moved into the self-driving car sector. It announced these plans earlier this year.

Writing about Nvidia CEO Jensen Huang’s plans, the BBC reported, “He said Nvidia was working with Mercedes to produce a driverless car powered by the tech, which would be released in the US in the coming months before being rolled out in Europe and Asia. ” This is a potential challenge for Tesla's “Full Self-Driving (FSD) (Supervised)” and Google’s Waymo. Apple, however, is the biggest loser.

Investor thought it had dodged the AI bullet when it decided to use Google’s Gemini to power its Siri and the “intelligence” system in iOS. The cost of the deal for Apple was only $1 billion a year. It meant Apple had decided not to spend the hundreds of billions of dollars to build AI data centers, which is still considered risky because there is no way to forecast AI adoption.

Nvidia’s PC plan will compete with Apple's M-series chips. Story Continues Apple has a great deal at stake. In the most recent quarter, its revenue was $111.

2 billion. Of this, Mac was $8. 4 billion.

iPad revenue was $6. 9 billion. Although these do not rival the iPhone’s $57 billion, they are still critical to Apple’s hardware footprint and revenue.

Apple believed its Gemini deal would solve its AI problems. That is clearly not the case anymore. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut.

Grab the names FREE today .