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Apple explores US chip production with Intel and Samsung to reduce reliance on TSMC.

Market News
05 May 2026
Sweta Killa
View Source
Bullish
pluang ai news

Apple is in early talks with Intel and Samsung to manufacture its processors in the US, aiming to diversify its chip supply beyond Taiwan Semiconductor Manufacturing Co. This move responds to recent chip shortages that impacted iPhone sales and reflects concerns about relying on a single supplier. While no orders have been placed yet, Apple is seeking more manufacturing flexibility amid supply chain challenges. The company also reported strong quarterly results and is adjusting its capital strategy as CEO Tim Cook plans to step down.

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Apple delays smart glasses launch to address privacy concerns, aiming for late 2027 release.

Apple delays smart glasses launch to address privacy concerns, aiming for late 2027 release.

Apple has postponed the launch of its first smart glasses to late 2027, pushing the unveiling to June 2027 at the Worldwide Developers Conference. The delay allows Apple to enhance the product and focus on privacy features, responding to concerns rai...

Market News
Neutral
8 hours ago
Fed meeting, inflation data, and tech earnings set to shape U.S. stock market this week

Fed meeting, inflation data, and tech earnings set to shape U.S. stock market this week

This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...

Market News
Neutral
12 hours ago
Apple stock forecasted to rise 17% to $338 by August 2026, driven by strong earnings and AI investments.

Apple stock forecasted to rise 17% to $338 by August 2026, driven by strong earnings and AI investments.

Apple's stock is predicted to reach $338 by August 1, 2026, a 17% increase from its recent price, based on a forecast combining multiple AI models. This optimistic outlook comes as investors anticipate Apple's Q3 earnings report on July 30, with expe...

Company Fundamentals
Bullish
1 day ago
Apple's Q3 revenue forecast steady at $108.1B, Services segment stable at $31.4B.

Apple's Q3 revenue forecast steady at $108.1B, Services segment stable at $31.4B.

Apple's total revenue for fiscal Q3 is expected to remain flat at $108.1 billion, according to Visible Alpha consensus, showing a slight increase since late January but no change from the previous quarter. The high-margin Services segment is also exp...

Company Fundamentals
Neutral
1 day ago
Smart retirement investing at 58: use 3 ETFs for growth, income, and stability with $350K cash.

Smart retirement investing at 58: use 3 ETFs for growth, income, and stability with $350K cash.

At age 58 with $350,000 in low-yield accounts, investing in three ETFs can optimize retirement savings: SPY for growth via U.S. mega-cap stocks, DGRW for rising dividend income from quality companies, and USFR for stability with floating-rate Treasur...

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Bullish
2 days ago
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