Apple has been testing memory chips from China's CXMT across products like iPhones and MacBooks to address shortages caused by the AI boom. The company held early talks with CXMT, China's largest chipmaker by market value, aiming to use these chips in devices sold in China. This move reflects Apple's strategy to diversify suppliers amid global supply constraints. Meanwhile, laptop makers HP and Acer have already started using CXMT chips in devices sold outside the US to ease shortages.
The S&P 500 has reached 25 all-time highs in 2026, continuing a streak of record-setting years fueled by robust earnings growth and rising investor optimism. Key contributors include Nvidia, Apple, and especially Micron Technology, whose 208% return ...
The Vanguard Information Technology Index Fund ETF (VGT) is heavily concentrated in just three tech giants: Apple, Microsoft, and NVIDIA, which make up about 39% of the fund. This concentration poses a risk for long-term holders who face significant ...
After holding a record $397.4 billion cash pile and selling stocks for 14 consecutive quarters, Berkshire Hathaway has shifted strategy. In Q2 2026, under CEO Greg Abel, the company became a net buyer of stocks again, purchasing about $20 billion mor...
Berkshire Hathaway reported a 16% increase in operating earnings for Q2, reaching $12.98 billion, driven by strong performance in energy, railroad, and manufacturing sectors. CEO Greg Abel, who took over from Warren Buffett, is actively deploying the...
OpenAI is developing a new $300 smart home speaker shaped like a doughnut, designed to be portable and AI-powered, with cameras and sensors to interact more naturally with users. Set for a 2027 launch, this device aims to stand out from competitors l...
