Nvidia Rises 0.7% to $229.08 as Apple Pushes AI Macs
Updated
Updated · Yahoo Finance · Sep 22
Nvidia Rises 0.7% to $229.08 as Apple Pushes AI Macs
3 articles · Updated · Yahoo Finance · Sep 22
Summary
$229.08 marked Nvidia’s share price after a 0.7% gain, signaling investors saw Apple’s new locally run AI Macs as little immediate threat to its core business.
Apple demonstrated four Mac Studios linked through shared memory to run a 1 trillion-parameter model, showing some heavyweight AI workloads can move from cloud servers onto local machines.
$89 billion of Nvidia’s $96.2 billion latest-quarter revenue came from data centers—about 92.5%—underscoring how much of its business still depends on hyperscale AI infrastructure.
The pressure point is inference and enterprise AI work where privacy and token costs matter, but large-scale training, dense networking and unpredictable peak demand still favor Nvidia’s cloud-focused systems.