Apple Inc. (NASDAQ:AAPL) unveiled its biggest Siri AI upgrade in years at the Worldwide Developers Conference, but the more consequential announcement came behind the scenes: the company’s most advanced AI model will run on NVIDIA Corp. (NASDAQ:NVDA) chips through Alphabet Inc.’s (NASDAQ:GOOGL) Google Cloud rather than on Apple’s own silicon.



Apple shares were little changed in Tuesday’s premarket trading as investors weighed the improved Siri experience against the absence of fully autonomous AI features and Apple’s growing reliance on external AI infrastructure.



<h2>Apple Shows More Functional Siri AI</h2>



CNBC’s MacKenzie Sigalos said Apple unveiled functional generative AI branded as Siri AI at WWDC.



She said the new Siri is more conversational, has a standalone app, can understand what appears on a user’s screen, and can draw on personal context.



Sigalos said Apple did not show a fully agentic assistant capable of tasks such as booking dinner reservations or calling a car.



She said the lack of groundbreaking agentic capabilities helped explain the stock reaction, along with the absence of incoming CEO John Ternus from the stage and the lack of a clear path to monetize AI through Apple’s services business.



<h2>Apple Turns To Google Gemini, NVIDIA, And Google Cloud</h2>



The announcement also marked a significant departure from Apple’s longstanding hardware strategy. At WWDC 2026, the company disclosed that its most advanced frontier AI model, AFM 3 Cloud Pro, is designed to run on NVIDIA graphics processors rather than its own Silicon. 



Sigalos said Apple announced a new generation of its own large language models built with help from Google Gemini.



She said those models will run on-device and through private cloud compute.



However, she said Apple waited until a post-keynote briefing to discuss AFM Cloud Pro, a model it says is on par with frontier LLMs and powerful enough that Apple will need NVIDIA chips and Google Cloud for some compute.



Sigalos said that marks a notable shift from Apple’s usual preference for private cloud infrastructure built around its own M-series chips.



<h2>Services Monetization Remains The Key Question</h2>



Sigalos said Apple’s private cloud setup reportedly could not support the scale needed for agentic workflows and complex reasoning, raising questions about the company’s future capital spending needs.



She also said the headline gave NVIDIA shares a boost.



Sigalos said the company’s biggest upside could come from turning AI into a services opportunity.



She said Apple could eventually offer a paid Apple Intelligence tier or take a cut from third-party model makers if it allows them to plug into its ecosystem. She said the bull case is that Apple turns AI into a consumer “toll booth” for generative AI.



Price Action: NVIDIA shares were up 0.77% at $210.24, and Apple shares were down 0.03% at $301.44 during premarket trading on Tuesday, according to Benzinga Pro data.



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At WWDC, Apple (AAPL) unveiled Siri 2.0 and iOS 27 (its Apple Intelligence platform), with the new Siri now running on Google's Gemini model under a deal reported at about USD 1 billion a year. Shares opened higher and jumped over 3% intraday to around $317, then gave it back and turned lower during the keynote, as the market split over whether outsourcing the brain to a rival is a pragmatic pivot or an admission of defeat. Analyst targets run from Wedbush's $400 bull case to a $215 bear case. Can the overhaul spark an upgrade cycle, and is this a smart pivot or a surrender?

At WWDC, Apple (AAPL) unveiled Siri 2.0 and iOS 27 (its Apple Intelligence platform), with the new Siri now running on Google's Gemini model under a deal reported at about USD 1 billion a year. Shares opened higher and jumped over 3% intraday to around $317, then gave it back and turned lower during the keynote, as the market split over whether outsourcing the brain to a rival is a pragmatic pivot or an admission of defeat. Analyst targets run from Wedbush's $400 bull case to a $215 bear case. Can the overhaul spark an upgrade cycle, and is this a smart pivot or a surrender?

Siri Goes Gemini: AI Pivot Or Surrender?

1:00 AM Beijing Time on Jun 9, Apple kicked off the WWDC26 keynote — Tim Cook's final turn hosting the show before officially handing the reins to Ternus in Sep.On the AI front, Apple unveiled a major Siri overhaul: a standalone app, a backend model switch to GOOGL's Gemini, full conversation history, cross-app actions, and support for multiple third-party AI models — ending ChatGPT's status as the sole external gateway.Apple has trailed the market on AI for nearly two years. Can Gemini power a real turnaround? What's your read on AAPL's trajectory post-WWDC?

1:00 AM Beijing Time on Jun 9, Apple kicked off the WWDC26 keynote — Tim Cook's final turn hosting the show before officially handing the reins to Ternus in Sep.On the AI front, Apple unveiled a major Siri overhaul: a standalone app, a backend model switch to GOOGL's Gemini, full conversation history, cross-app actions, and support for multiple third-party AI models — ending ChatGPT's status as the sole external gateway.Apple has trailed the market on AI for nearly two years. Can Gemini power a real turnaround? What's your read on AAPL's trajectory post-WWDC?

Apple Intelligence Gets a Major Overhaul, All-New Siri AI Unveiled

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At WWDC 2026, Apple unveiled a major Siri AI upgrade but revealed its most advanced model runs on NVIDIA chips via Google Cloud, marking a shift from its proprietary silicon strategy. Investors reacted cautiously as the update lacked fully autonomous features and clear monetization paths. While NVIDIA shares rose slightly, Apple's stock remained flat amid questions about capital spending and services integration.

- Apple Inc. announced a major Siri AI upgrade at the Worldwide Developers Conference, but its advanced AI model will run on NVIDIA chips via Google Cloud rather than Apple's own silicon.  
- The new Siri offers improved functionality but lacks fully autonomous capabilities, impacting investor sentiment amid concerns over Apple's reliance on external AI infrastructure.  
- The shift to using NVIDIA and Google marks a significant change in Apple's strategy and raises questions about future capital spending and monetization opportunities in AI services.

Apple's Biggest AI Bet Yet Runs On NVIDIA, Not Its Own Chips