Apple is considering using chips made by Intel and Samsung in the US for its iPhones and other devices, moving away from its long-time reliance on Taiwan's TSMC. This shift is driven by intense competition in AI chip production and geopolitical tensions between China and Taiwan. While talks with Intel and visits to Samsung's Texas plant are underway, Apple has not yet placed orders and may still stick with TSMC. The move aims to reduce supply chain risks, especially as Apple faces product shortages and prepares for leadership changes.
The top holdings of the QQQ fund, mainly big tech companies, are engaged in an AI-driven arms race characterized by increasing capital expenditures and negative free cash flow. These companies are competing in commoditized cloud services, while chipm...
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...
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 ...
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...
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...
