A surge in Artificial Intelligence (AI) technology has led to a significant increase in demand for servers among Apple’s largest supplier, driving earnings from server sales to surpass those of smartphone revenue. The exact figure is not disclosed, but it appears that the company’s top-tier supplier now earns more monthly from selling servers than the average consumer pays for an iPhone ($69).
Source: https://www.ft.com/content/4568284d-1808-4868-85f7-651398cdea99