According to people familiar with Apple's work, Apple is looking to buy chip companies to strengthen its efforts to build server chips to run artificial intelligence. In recent months, the iPhone maker has been communicating with bankers about possible deals. It has also reached out to semiconductor startups to see if they are interested in selling themselves, sources said. Apple's move to buy a chip comes at a time when the company's internal AI server is a performance issue.

According to people familiar with Apple's work, Apple is looking to buy chip companies to strengthen its efforts to build server chips to run artificial intelligence. In recent months, the iPhone maker has been communicating with bankers about possible deals. It has also reached out to semiconductor startups to see if they are interested in selling themselves, sources said. Apple's move to buy a chip comes at a time when the company's internal AI server is a performance issue.