Tiger Global Opens Nine New Positions, Led by $663 Million Cerebras Stake

Apple is developing enterprise AI servers built around future M8 Ultra processors, with designs under consideration using either two or four of the chips and a possible 2029 launch aimed primarily at AI inference, The Information reported on September 16. Apple has also considered using Nvidia's NVLink Fusion technology to connect those processors, though neither the server nor Nvidia's involvement is finalized and the project could still change or disappear entirely. For Nvidia, NVLink Fusion extends its interconnect strategy to custom CPUs and accelerators made by other companies, creating a second line of defense around its AI franchise; networking equipment can represent 10% to 15% of AI data-center hardware costs, giving Nvidia a meaningful revenue pool beyond GPUs even if it loses higher-value compute sales. Apple's M-series chips already combine performance with relatively efficient power consumption, and selling complete servers would let it pursue AI developers, governments and businesses that want local inference, but a 2029 target leaves years for competitors to improve and would mark a re-entry into a server business Apple abandoned when Xserve disappeared in 2011. Insider Monkey tracked 169 hedge funds holding Apple in the second quarter versus 170 in the first, with Arrowstreet Capital increasing its position 54% to roughly 29.9 million shares, while Nvidia rose to 285 hedge-fund holders from 275 as Arrowstreet increased its NVDA stake 10% to about 34.7 million shares.

Intel's CEO said the company's current CPU production is meeting only about 50% of customer demand for AI workloads, signaling tight supply as AI-related order interest strengthens. Intel and rival CPU suppliers reported stronger AI-related order interest after Meta's Muse agent news in September 2026, with chipmakers tied to Muse-driven AI compute needs flagging rising pressure on CPU capacity planning across upcoming production cycles. Meta's Muse agents are pulling more AI inference onto general-purpose CPUs, which plays directly to Intel's existing Xeon and Core Ultra footprint, and the 50% fulfillment rate points to full factories and tight allocation rather than idle capacity. Intel designs and manufactures CPUs and related computing hardware across the US, Ireland, Israel, and other regions, so the squeeze in AI-focused processor demand intersects directly with its role as a large-scale producer in the global semiconductor industry. The most direct signal to track next is whether Intel starts disclosing materially higher Data Center and AI volumes tied to Muse-like agent workloads, alongside concrete updates on easing CPU backlogs.

Qualcomm shares jumped approximately 7% to $190.085 after the chip designer disclosed an AI-infrastructure partnership with Amazon that could see the e-commerce and cloud giant purchase as much as $60 billion of Qualcomm products. Under the arrangement, Amazon would receive purchase-linked warrants valued at roughly $4 billion, equivalent to about 6.7% of the potential $60 billion purchasing ceiling. The two companies are also building custom inference silicon and optical connectivity capable of reaching 1.6 terabits per second. The deal gives Qualcomm a credible path to becoming a larger supplier inside hyperscale AI infrastructure rather than remaining overwhelmingly tied to mobile chips. At $190.085, Qualcomm trades 8.3% above its $175.52 GF Value estimate, suggesting the market is already pricing in part of the Amazon opportunity.