Apple (AAPL) is partnering with semiconductor manufacturer Broadcom (AVGO) to develop a new AI chip, according to a report by The Information.

Yahoo Finance tech editor Dan Howley joins the Market Domination team to discuss this move for the iPhone maker as it just added OpenAI's ChatGPT to its device through the latest Apple Intelligence update.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Luke Carberry Mogan.