Cramer's Morning Take: Apple 12/11/24
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 11 December 2024
⏱️ 4 minutes
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| 0:00.0 | I'm Jim Kramer and you're about to hear a sample taken directly from today's |
| 0:06.5 | CBC Investing Club morning meeting. |
| 0:09.6 | We are bouncing back after a couple days of losses. |
| 0:13.5 | And there's good news on many different fronts like a broadcom where we have good news about |
| 0:17.5 | an apple time. |
| 0:18.5 | Well, broadcom is, you know, it's interesting. |
| 0:20.4 | So yesterday stock was absolutely hammer. |
| 0:22.0 | Today it's rallying off a story by the information who, you know, we're not always, we |
| 0:28.5 | always take some of their stories with a grain of salt. |
| 0:30.5 | Yes. |
| 0:31.5 | How about that? |
| 0:32.5 | But what they're saying today is that Apple is working with Broadcom on a potential AI chip. |
| 0:37.2 | It is moving Broadcom as you can see. |
| 0:39.1 | And we do have an upcoming earnings. |
| 0:41.3 | Yeah, Thursday night. |
| 0:42.8 | But this would be Apple's first server chip designed for AI. |
| 0:45.7 | And if it succeeds, the story says it could be ready for mass production in 2026. |
| 0:51.5 | Now the story does mention that Apple, not a buyer of Nvidia chips, which appears to be the, you know, might be the case, but there had. |
| 1:03.0 | I mean, it's one of the few, you know, there's a lot of alliances. |
| 1:06.0 | You see a lot of companies talking to other companies' chances were everywhere, but not for them. |
| 1:11.8 | Yeah. |
| 1:12.3 | But what the story does kind of underscores this movement into custom chips that Broadcom |
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