Apple and others could just as well create an accelerator card with a bunch of M2s on it.

They could also create some sort of blade server.. they print their own cups in literally everything. Phone, laptops, headset, apple cinema displays. The production cost of an M1 is about $30.

Remember that the 5-year $1.5B contact with AWS will expire next year. They already have XCode cloud, and have enabled virtualization natively for a while

Either large Mac Pro based rack-servers or accelerators for rendering, transcoding, and AI/ML.

They could market those 10x$30 chips on a single board as something that is "10x" the power of the Mac Pro, at “only” $20000 a pop.

You can be very certain that NVDA did not get unnoticed, as Apple has the same capabilities, and sees a future in AI/ML.