Comment What's the case for acquisition? (Score 2) 26
Absent a fairly specific argument why Apple needs to own one; rather than just snapping up some of the useful people or commanding the influence that being a customer with actual money tends to provide over suppliers that are in the process of bleeding out, the idea that Apple needs to buy into 'AI' seems sort of like the idea that Apple needs to buy into DRAM, except that it's vastly more evident that Apple's products actually need DRAM; and Apple still doesn't go there because why bother with a capital intensive business whose margins are constantly buffeted by spot prices and on the thin side when you are buying enough that you don't need to worry about your place in line?