[D] Can anyone with the expertise speak to the overlap, or not, between Nvidia's hardware and Apple's hardware?

I'm curious to understand how much realistic potential there is that Apple can compete with Nvidia IF we make an assumption that they're starting with what we know about in the M series chips. Could they pull some of this IP to make purpose built "AI" chips that might compete?

Context: Rumors that Apple might try to do this..

apple chips expertise hardware machinelearning nvidia series speak